It amazes me their are/were people that have 'touched'/punted on LIT shares. A company that survives on " Smoke and Mirrors " , and it has
been their business plan for the last 5 or 6 years IMO.
The ASX " Forward looking Statements " in the promotion of its wares allows companies like LIT to exist , and thats why DYOR is
bandied about shareholder forums, its a must RULE.
'Smoke and Mirrors' ?
this thread is an example. Being brief...... LIT acquired VSPC ( an ASX company ) after they ' folded ' when they could not sell or interest anyone in their patent to manufacture ' lithium ferro phosphate ' LIT CEO Alan Griffin saw value in the patent as a 'spoke in the wheel ' for
" an ethical and sustainable supply of energy metals to the battery industry via the creation of a circular battery economy " ASX:ANN 19/4/21.
Since then LIT have been spinning out the 'tale' (this a continuation of it)
departure ? I think Brokers/financiers hold a lot of LIT paper and are holding the share price at current levels.
They will be looking for a 'good tale ' to pump the SP and get out.
It will be a ' tale ' as LIT 's current assets/future prospects does not justify the market cap let alone the number of shares on issue.
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.90M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.0¢ | $5.463K | 535.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 6526109 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 2027739 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
28 | 6088109 | 0.010 |
41 | 8584615 | 0.009 |
34 | 10611496 | 0.008 |
13 | 7327064 | 0.007 |
4 | 2050000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 2027739 | 5 |
0.012 | 5289781 | 20 |
0.013 | 5147518 | 7 |
0.014 | 1746200 | 5 |
0.015 | 3444111 | 10 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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