Amazing strategy by LIT management, they're able to keep re-inventing themselves & move with the ever changing market, as a strong company should.
Unlike other companies that are just ploughing ahead, issuing billions of shares or planning on racking up a massive amount of debt & haven't yet realised the Lithium price is falling in a very depressed market that will likely fall for sometime, LIT management have entered a market where there's still profits to be made BUT with less overheads & investment needed in order to generate an income to get us through the downturn.
In the future when the Lithium price rises again LIT management can change strategy & use the profits from this venture to further increase our market position.
Keeping LIT debt free, holding assets, cash on hand & generating an income will keep LIT in a much stronger position to weather the current storm in the Lithium market while others may fall to their own demise.
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LIT
livium ltd
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4.35%
!
1.2¢

Amazing strategy by LIT management, they're able to keep...
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Last
1.2¢ |
Change
0.001(4.35%) |
Mkt cap ! $19.44M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.1¢ | $1.56K | 135K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 423601 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 5007521 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 423601 | 0.011 |
17 | 3972798 | 0.010 |
38 | 9342695 | 0.009 |
40 | 15216970 | 0.008 |
14 | 6084241 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 5007521 | 17 |
0.013 | 2985296 | 6 |
0.014 | 2220000 | 5 |
0.015 | 3622973 | 10 |
0.016 | 490000 | 2 |
Last trade - 10.24am 18/07/2025 (20 minute delay) ? |
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LIT (ASX) Chart |