What a load of shits!
4-5 times returns for IPO investors eh... Is he stupid or he thinks the market is stupid? The share price has never traded near 80c after the announcement. If he really redeploys all the cash into other junior projects, it's not surprising share price drifts lower to ipo price over the next few years.
I know my vote doesn't mean anything as a tiny shareholder, but if he doesn't say it clearly cash will be returned to shareholders, I am definitely gonna vote "NO!" on the deal.
Ann: Sale of Solaroz Lithium Project for A$97 Million, page-169
Add LEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
40.5¢ |
Change
-0.005(1.22%) |
Mkt cap ! $45.36M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.0¢ | 40.0¢ | $47.75K | 118.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32454 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 18000 | 1 |
View Market Depth
| Last trade - 14.30pm 07/06/2024 (20 minute delay) ? |
|
|||||
|
Last
40.0¢ |
Change
-0.005 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 40.5¢ | 40.5¢ | 40.0¢ | 25324 | ||
| Last updated 13.59pm 07/06/2024 ? | |||||
| LEL (ASX) Chart |