Ann: High Grade Lithium Discovery at Mt Edwards, page-60

Usually I'm anti-dilution, but of the ~250m shares, there's barely 2m for sale, and most of those are at crazy prices. Natural price discovery won't occur if nobody is willing to sell.

At present, if anyone wants to buy a solid chunk of Widgie, they'll have to pay a solid premium. Even anyone looking to buy just $50k worth will literally have to pay 11% above the asking price. Our sell orders are that shallow (take a look). That really doesn't create a good entry point. I know myself when I'm keen on a company, I'd be happy paying the MA price +/- a couple of percent. But I won't pay 11%-20% just to get in.

Liquidity isn't always the devil. I look forward to seeing higher volumes and more natural price discovery.