No offence lads, but you're seriously uninformed.
This issue is pursuant to an agreement signed 9 months ago. As was made plain by the announcement itself. Did you even read it?
Here is the relevant announcement of the agreement last December.
https://www.asx.com.au/asxpdf/20191216/pdf/44cm7dptw531zk.pdf
Whatever you want to say about this style of agreement, you can't say that LIT recently chose to give them cheap shares.
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.90M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $4.706K | 472.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100115 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1249393 | 14 |
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| Last trade - 11.36am 15/07/2025 (20 minute delay) ? |
| LIT (ASX) Chart |