Why sell when the management team were leading everyone to...

  1. 1,034 Posts.
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    Why sell when the management team were leading everyone to believe that a liquidity event with a "household name" was just around the corner?

    You have uncanny luck with entering and exiting there's no doubt about that and congratulations to you for doing it, but its purely luck because you're buying and selling while being completely in the dark like the rest of us (or you have inside information). If you're simply trading, then taking 10-30% here and there is fine, but most LTH believe(d) in the original vision and potential of the technology.

    After 6 years, most of the value and hope has been largely degraded to the point that everyone could have made a lot more money simply investing in an index fund and then participating in the most recent CR. I guess thats probably the 200IQ 4D chess move you're talking about?

    This SP is going to be depressed for 2025. No reason to buy in apart from participating in whats going to be a very oversubscribed SPP. When the CR was pulled as it was "not in the best interest of shareholders", I assumed the entire $8m would have been raised as a SPP so all LTH could be rewarded for loyalty. The fact that they still did $6M at BP at 3.6c, is just Dave slapping the majority in the face with his bratwust at this point. Not even worth selling at this point, everyone is probably better off just riding it out and let the chips fall where they may.
 
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(20min delay)
Last
2.4¢
Change
-0.001(4.00%)
Mkt cap ! $49.46M
Open High Low Value Volume
2.5¢ 2.6¢ 2.4¢ $108.5K 4.350M

Buyers (Bids)

No. Vol. Price($)
19 2118220 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 917347 1
View Market Depth
Last trade - 16.10pm 26/06/2025 (20 minute delay) ?
4DS (ASX) Chart
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