LIT 5.00% 2.1¢ lithium australia limited

Ann: Envirostream confirms offtake with Korean battery recycler, page-160

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. sqe
    6,939 Posts.
    lightbulb Created with Sketch. 3626
    Not emotional whatsoever. You just keep posting false information.

    From the annual report https://lithium-au.com/wp-content/uploads/2016/11/16092019-Annual-Report-to-shareholders.pdf
    https://hotcopper.com.au/data/attachments/1820/1820130-1b6c210bb15cc3f7a9dbaaf234571607.jpg

    Cash decreased by almost $15.6M last financial year. Doesn't sound like an earner to me

    Then from the last quarterly https://lithium-au.com/wp-content/uploads/2016/11/25102019-Quarterly-activities-report-and-quarterly-cash-flow-report.pdf

    They started with $2.7M cash, they raised $2.8M cash, yet at the end of the quarter they had $2.3M cash.


    Regarding Envirostream, big difference between revenue from sales, and distributable profit. So claiming something is an "earner" is misleading because it implies profitability. Earning revenue, and net profit are very very different

 
watchlist Created with Sketch. Add LIT (ASX) to my watchlist
(20min delay)
Last
2.1¢
Change
0.001(5.00%)
Mkt cap ! $27.60M
Open High Low Value Volume
2.1¢ 2.1¢ 2.0¢ $13.26K 633.3K

Buyers (Bids)

No. Vol. Price($)
51 5842170 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 690675 3
View Market Depth
Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
LIT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.