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5.45%

52.0¢ lithium energy limited

Not a bad result if true, better than SRK drip feeding stock out...

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webral

5,234 Posts.

38

21/06/23

12:18

Post #: 68397268
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Originally posted by Akdjnr1 ↑

they have gone with a small raise of $6.4m at 80c (only 8 million shares to be issued)

Strike Resources also intends to undertake a concurrent sell-down of approximately 3.0 million existing shares (of its ~34.4 million shares) at the Offer Price, for working capital purposes. Strike has confirmed it has no intentions to sell any further shares for the next 6 months.

I am assuming we have about $5m to $5.5m at the end of June and add the CR, we have ~ $11.5m

Not happy with the CR price, but its a small dilution so not too bad.

Total share on issue will be ~103m which is very small compared to our peers!

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Not a bad result if true, better than SRK drip feeding stock out on market.

LEL Price at posting: 90.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 52.0¢		Change -0.030(5.45%)		Mkt cap ! $58.24M

Open	High	Low	Value	Volume
55.0¢	55.0¢	50.5¢	$282.9K	534.0K

Buyers (Bids)

No.	Vol.	Price($)
2	10000	52.0¢

Sellers (Offers)

Price($)	Vol.	No.
53.0¢	6814	2

View Market Depth

No.	Vol.	Price($)
2	10000	0.520
2	24000	0.515
3	59835	0.510
3	83110	0.505
5	33000	0.500

Price($)	Vol.	No.
0.530	6814	2
0.535	22935	2
0.540	105000	2
0.575	15000	1
0.580	5000	1

Last trade - 14.36pm 03/05/2024 (20 minute delay)


Last 52.0¢			Change -0.030 ( 4.62 %)
Open	High		Low	Volume
55.0¢	55.0¢		50.5¢	113763
Last updated 13.55pm 03/05/2024 ?

LEL (ASX) Chart