It amazes me their are/were people that have 'touched'/punted on LIT shares. A company that survives on " Smoke and Mirrors " , and it has
been their business plan for the last 5 or 6 years IMO.
The ASX " Forward looking Statements " in the promotion of its wares allows companies like LIT to exist , and thats why DYOR is
bandied about shareholder forums, its a must RULE.
'Smoke and Mirrors' ?
this thread is an example. Being brief...... LIT acquired VSPC ( an ASX company ) after they ' folded ' when they could not sell or interest anyone in their patent to manufacture ' lithium ferro phosphate ' LIT CEO Alan Griffin saw value in the patent as a 'spoke in the wheel ' for
" an ethical and sustainable supply of energy metals to the battery industry via the creation of a circular battery economy " ASX:ANN 19/4/21.
Since then LIT have been spinning out the 'tale' (this a continuation of it)
departure ? I think Brokers/financiers hold a lot of LIT paper and are holding the share price at current levels.
They will be looking for a 'good tale ' to pump the SP and get out.
It will be a ' tale ' as LIT 's current assets/future prospects does not justify the market cap let alone the number of shares on issue.
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.90M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $4.208K | 394.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 643574 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 1409960 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 643574 | 0.010 |
29 | 6447735 | 0.009 |
48 | 18151953 | 0.008 |
16 | 10728839 | 0.007 |
7 | 5078340 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 1409960 | 16 |
0.012 | 8796715 | 23 |
0.013 | 4817889 | 4 |
0.014 | 720000 | 4 |
0.015 | 912700 | 6 |
Last trade - 16.10pm 08/07/2025 (20 minute delay) ? |
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