LEL 8.51% 43.0¢ lithium energy limited

The reason the SP today is not higher is because of the...

  1. 838 Posts.
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    The reason the SP today is not higher is because of the statement by LEL management that funds from the sale “may be used to look for investments in the mineral sector”. That means having sold off all the LEL assets, management want to keep paying themselves at shareholders expense. There is no other current deposit to develop once our graphite and lithium holdings are sold.
    we the shareholders need to be prepared to vote down this cash splash on their personal gain at the next meeting. I for one with my 1% will vote for the return of all funds to shareholders and the shutting down of LEL. Investors committed to LEL due to those two assets which will now be gone. I am beyond annoyed at LEL management thinking the can indefinitely ride the shareholder gravy train.
 
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Last
43.0¢
Change
-0.040(8.51%)
Mkt cap ! $50.96M
Open High Low Value Volume
46.5¢ 46.5¢ 43.0¢ $19.84K 45.14K

Buyers (Bids)

No. Vol. Price($)
1 5000 42.5¢
 

Sellers (Offers)

Price($) Vol. No.
43.0¢ 45918 2
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Last trade - 12.43pm 05/06/2024 (20 minute delay) ?
Last
44.0¢
  Change
-0.040 ( 5.38 %)
Open High Low Volume
44.5¢ 44.5¢ 44.0¢ 10675
Last updated 11.50am 05/06/2024 ?
LEL (ASX) Chart
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