Well there is the CR coming this quarter. So $3.3M face value, for $2.9M advance. So cost of transaction is $400k. Not too bad. But then Lind can convert those shares at 5.5c, or 92.5% of the 3-day VWAP. You can see what will happen there.
Overall though, its been a well executed pump from the company
Ann: Lithium Australia secures A$6.3m funding agreement, page-2
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Last
2.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $26.04M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.1¢ | $21.29K | 1.014M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 6300214 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 734180 | 6 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| LIT (ASX) Chart |