LIT 0.00% 2.0¢ livium ltd

Ann: Annual Report, page-3

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  1. 3,150 Posts.
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    you would assume there would be a shareholder uproar after assimilating this report,
    but no ,
    you could then assume that this is not a business, but a play thing for brokers, their ' investor '
    friends and 'lifestyle' managers of LIT. who don't appear to be overly concerned about turning a profit.
    Battery recycling profitability is a few years off, so these overheads are unsustainable, as it has always
    been with LIT 'to many snouts in the trough"
 
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