Administrators Report, page-102

  1. 2,436 Posts.
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    well the collapse in prices made the biggest contribution CL intend taking the tech Global , China account for over 50% of the Li market and now have supply outside the traditional sources, yes I prefer positive outlooks and almost certainly the directors set themselves up before the collapse . Unfortunately in a business thats collapsing there is little you can do I think they did their best as well as look after their own interests. The reality is Sovereign investment is required not free market nvestment. Anyway this story is over perhaps the tech will go Global. Just so your aware I am not affiliated in anyway with LPD beyong buying shares and trading them I had 16.5 million now worthless and lost a considerable amount of tax paid capital gained from trading. I am not to blame in anyway for anyones loss except my own ... So your unhappy just a reminder it was your choice no one forced you and looking at the sector as a whole every stock is well off its highs and thats the producers , why price of raw material has dropped dramatically the Chinese have been instrumental in that.

 
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