Was LIT's takeover of LPD really that unsuccessful?
LIT has 15% of LPD, and makes it a small success.
LPD preferred to follow a different path with a capital raising. LIT also took a different directions in its business strategy and now includes value adding materials for batteries, such as cathodes and recycling.
The ASX has plenty of companies that make a takeover offer for another company and dose not proceed. This is not significant.
Future growth strategy for LIT is what is important to investors.
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.59M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $2.435K | 231.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 5404523 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 130562 | 2 |
View Market Depth
| Last trade - 12.04pm 22/07/2025 (20 minute delay) ? |
| LIT (ASX) Chart |