The constant need to pump this stock. Why?
It hasn't even broken a 5 year downtrend. Why? Because of massive dillution and nothing changing in the bottom line
The last half yearly had a loss of $10M, the last quarterly burned through $2.2M in cash. This company has a long term history of burning $12-$15M in cash each and every year and nothing has really changed.
A recent raise at 11c, despite you saying they were cashed up for 2 years!
Management that are selling down their shares.....evidence provided.
Mining assets offloaded
Sileach put to bed
Envirostream....no EPA license.....still, no council permits.....still
VSPC .......still plodding along, a PFS that was 2 years past due date
What else is there? LieNa? A pilot plant that is already behind schedule.
I enjoy watching the constant merry-go-round. Heck. Australia is in lockdown, but at least we have a circus to entertain!
Ann: Notice under section708(A)(5), page-18
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.32M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.1¢ | $19.16K | 908.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1481019 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 908516 | 8 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| LIT (ASX) Chart |