LIT 4.76% 2.2¢ lithium australia limited

Ann: Appendix 2A and notice under section 707(A)(5)(e), page-9

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  1. sqe
    6,939 Posts.
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    Right, so in the first instance of your comment on this, you said things like "but you're seriously uninformed". "Did you even read it?", "you can't say that LIT recently chose to give them cheap shares".

    This is what I actually said
    "Oh look, surprise, surprise, another issue of shares at a price of 4.25c.

    A healthy 30% discount to the last close in price of 6c.

    Pays to be an insider"

    At no point was I referring the directors, nor did I imply that. If that is your takeaway, then that is your takeaway

    Here is some other comments I have made on the matter of the past few months
    https://hotcopper.com.au/threads/ann-appendix-2a-and-notice-under-section-708-a-5-e.5506011/page-3?post_id=45930572
    and here
    https://hotcopper.com.au/threads/ann-appendix-2a-and-notice-under-section-708-a-5-e.5506011/page-4?post_id=45951456
    and here
    https://hotcopper.com.au/threads/ann-appendix-2a-and-notice-under-section-708-a-5-e.5506011/page-6?post_id=45967862

    At no point have I have ever said anything about the directors of the company regarding this.

    Have you kept track of the number of shares issued to LIND? As of the T20 for the company from last years annual report, you would expect LIND to be well up that list, unless of course they are selling. It will be interesting to see the annual report for this year, in particularly the T20

    https://hotcopper.com.au/data/attachments/2357/2357015-d4d9cb406e253cc7bf64b37b9532e0b7.jpg

    Last edited by sqe: 06/08/20
 
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