The rate of cash burn here is horrific! If you back out JobKeeper and R&D rebates, then Operational Cash Flow (the best, most honest measure) was a burn rate of $2.2m for the quarter! At that rate, it won't be long before another CR - I'd say July / August. Glad I offloaded half my holding a few days ago at 18c (off a cost base of ~5c). Overall I'm positive on the battery / green energy sector and have other share exposures to it (PLS, AGE) but I just don't see a pathway here for LIT to make sustainable positive cashflow...
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.90M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $5.463K | 535.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 6526109 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 2027739 | 5 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| LIT (ASX) Chart |