LU7 7.69% 1.2¢ lithium universe limited

Ann: Quarterly Business Review & Appendix 4C, page-53

  1. 1,508 Posts.
    lightbulb Created with Sketch. 214
    Yep too bullish aye?

    I mean look at all of the things to be bullish about ..

    1. 2CRs in 6 months with 6.5M raised and less than 25K in income to show for it.
    2. Less than 4.3M left from Jan 1 and 1.07M burn rate for Q1 2020.
    3 January gone and still no update about revenue.
    4. Less than 2 weeks away from 1/2 way through Q1 2020 and no update on revenue.
    5. A share price that's gone from 1.4c in late november to 0.8c now ie almost 50% down.
    6. No mention of recurring income since the 1/2 yearly said they would indicated recurring income.
    7 Number of shares that have exploded to 2 billion diluting holdings
    8. Waiting for the next CR which will most likely be issued at 0.5c or lower


 
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