Those 6.6 million shares ($16M USD @ $2.55) are not available until 21 March 2023. LITM seems to have found a floor above the $2 level for now so it will be interesting to see what happens up to march next year.
I don't believe cash will be a major problem next year, worst comes to worst they will use a shoestring budget to get past the SS upgrade which "should" (past performance not indicitave....) push the SP up to a more reasonable level.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-12
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Mkt cap ! $41.93M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.5¢ | $43.90K | 221.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 109247 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 20.0¢ | 91735 | 3 |
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| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 20.0¢ | 20.0¢ | 19.5¢ | 74949 | ||
| Last updated 11.49am 18/06/2024 ? | |||||
| NVA (ASX) Chart |