LPD 0.00% 0.2¢ lepidico ltd

Ann: Lithium Australia Takeover Bid Unsuccessful, page-50

  1. 1,473 Posts.
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    Great news!
    But after an initial spike on June 20, the SP seems to be stuck!?? What is holding it back??
    Is it the unsubscribed shares going to the sophisticated investors that is holding it back? Guess the sophs are waiting to hear about how many shares they get and once they know that they will start buying extra on market. But could of course also be selling assuming they also get them fro 1.3c like we did....

    Had expected this to bounce back faster and stronger on the short term. But guess we are still in the tax sell of season and the placement is not yet finished. Consequently expect July to be good and hope that we will get close to 2c in July.

    But frankly I do not care very much. My 3m shares are for the LT!
 
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