I am with you both.
I think this is a lonnnng ramp up story. Gradually, year by year there is another bujnch of batteries from 5 or 6 years ago that need dealing with. Also, as each year progresses, that "bunch or batteries" gets bigger as more and more people turn to battery powered somethings ( cars, home power systems, even hand tools etc)As I have painfully ;learnt in another investment though, the key for LIT is to remain viable long enough to reach the scale to be significant.
I think they can but let's watch the reports in relatioon to cash flow etc.
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Last
1.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $17.75M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $37.01K | 3.431M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 5039267 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 4793890 | 11 |
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| Last trade - 13.21pm 31/07/2025 (20 minute delay) ? |
| LIT (ASX) Chart |