I dont think selling is the best option, it may do both companies a disservice. BUT, there are two key things that stand out in my mind:
1. The lack of disclosure (from a company that announces the door closing) when patent protection is in place. If this is the silver bullet, there is no need to hide the facts. By not disclosing the details or costs, it makes me think there IS something to hide.
2. LIT have had Lmax license/option for over two years and done nothing to get into production. As @Beton2 says- there is no documented intention of using Lmax post TO. So whats the point?
I dont think LIT have any intention to progress into commercial production despite representing the contrary.
- Forums
- ASX - By Stock
- Ann: Lithium Australia and Lepidico settle litigation
I dont think selling is the best option, it may do both...
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LIT (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.8¢ |
Change
-0.002(10.0%) |
Mkt cap ! $22.00M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 1.8¢ | $38.43K | 2.096M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 1872274 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 440605 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 1710097 | 0.018 |
17 | 2246081 | 0.017 |
8 | 1215130 | 0.016 |
6 | 550000 | 0.015 |
3 | 720050 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 366315 | 3 |
0.020 | 2319457 | 15 |
0.021 | 572268 | 4 |
0.022 | 488000 | 5 |
0.023 | 553759 | 3 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
LIT (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online