So on 10th September, LIT had a similar announcement. They announced that $500k of LITCF were converted to shares @ 4.99c.
https://lithium-au.com/wp-content/uploads/2021/09/0292022-LITCF-10m-100921.pdf
That time around, the company marked the announcement as price sensitive.
This time around, they announce $558k of LITCF is converted to shares @4.99c, however, they do not flag it with the ASX as being price sensitive.
The difference? George Bauk converted some LITCF to shares. Mr George Bauk has a history of dumping shares on market.
I reckon the ASX will want to know about the discrepancy in how the company is flagging their announcements. Anyway care to notify them?
Ann: LITCF holders pay unpaid capital raising $558k and App 3Y, page-3
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