Agree coming out of suspension seemed a major misstep from management AFA current holders were concerned, but then it did give those who wanted out, the chance to get out. And those that wanted those cheap shares off them the chance too. I'd guess the instos put major pressure on. Given the incredibly narrow insto support for Leo to date, I guess management took the view they couldn't afford to piss off the few instos willing to support Leo and thought if they let them out now, they'd come back at a latter date with some level of trust in management. It's a move from management I have some level of understanding for despite what it did to the ST shareprice. Let's see how it works out in the medium term...
As the lithium market has gone we'd be at 50 cents anyways, no? Let's hope by Christmas we see a far healthier SP and outlook.
LLL Price at posting:
50.5¢ Sentiment: None Disclosure: Held
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