Because that’s when the retail shareholders it would happen by & were saying they were going to bail if it didn’t happen.
Now that the goal posts have moved we see the application of selective memory has become popular again.
I can imagine the following: ’Looks like the do or die vibe we put out with financing by the end of calendar year 2021 won’t come off!
Hnnnn.... LG is offering an offtake with no funding.... even though we said we wouldn’t enter in to such an agreement again but we have to do something!’
It comes off as choosing the lesser of two evils which they thought would cause the least upset. If funding doesn’t come through- which I don’t think it will- at least some holders might once again blame LG as they did with SK and the music will keep playing.
Hope I’m wrong and it comes off.
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Last
1.4¢ |
Change
0.002(16.7%) |
Mkt cap ! $19.57M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.5¢ | 1.2¢ | $652.5K | 47.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 10700000 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 5126249 | 8 |
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| AUZ (ASX) Chart |