LU7 11.1% 2.4¢ lithium universe limited

This report is rubbish. Nothing about any activities they...

  1. 163 Posts.
    lightbulb Created with Sketch. 58
    This report is rubbish. Nothing about any activities they performed. No updates on the activity they had invested time and money in. You can only assume that they failed.

    The way it reads to me is that we couldn’t achieve anything on our own so we’re looking to buy smaller companies who can make us look like a real company. They’ll probably use the money raised and a load of new shares issued to get these new companies across the line.

    Question is - do they have the funds for any decent acquisitions? What could they possibly buy with the pocket change they have raised.

    And if they somehow manage to pull it off… my money is on them screwing that business up too…
 
watchlist Created with Sketch. Add LU7 (ASX) to my watchlist
(20min delay)
Last
2.4¢
Change
-0.003(11.1%)
Mkt cap ! $9.881M
Open High Low Value Volume
2.6¢ 2.7¢ 2.4¢ $25.77K 992.7K

Buyers (Bids)

No. Vol. Price($)
2 201345 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 250000 1
View Market Depth
Last trade - 15.34pm 02/05/2024 (20 minute delay) ?
Last
2.5¢
  Change
-0.003 ( 7.75 %)
Open High Low Volume
2.6¢ 2.6¢ 2.5¢ 134350
Last updated 15.38pm 02/05/2024 ?
LU7 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.