600k raised at 0.026 - above last trading
SH participation at 0.018 - thats a good price
At the end of this we have funding to get through to a funding package
Options prices in the money is a vote of confidence
Had a offer for substantial equity, clearly they didnt want to dillute to externals
Is it really that bad? Apart from disappointment in LPD against Lithium Shares, LPD is opening up a whole new market in the EV space. It was always going to be discounted against pure lithium plays.
Ofcourse i'd like to see this much higher before a CR, but equally if you believe in the product and the vision, we are getting rights at very low prices. Thats a reward for LT's- ST's shouldnt be in penny stocks like this
Ann: Renounceable Entitlements Offer to Fund Phase 1 Development, page-55
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $25.76M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $916 | 447.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 89 | 69434701 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 79349051 | 41 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| LPD (ASX) Chart |