Arena converting and dropping shares on market...
This has been happenning and will continue to happen until they are done...
$6M more to go....with a supposed floor price of 10c -- which can be adjusted on the next tranche so another 60 million shares dumped into the market by these guys.
Plus the overhang from the disgruntled....
It will be hard to get any traction for the sp...
The good news is that AG is travelling the world spruiking LIT, investing in whatever he wants and issuing shares to pay for it all...
Living the dream.
Now sub 10c it is in penny dreadful territory... traders not interested in .01c pips.
Too bad as the story was good before Arena came onboard.
Cobalt Hunt on BMW's Doorstep, page-30
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.66M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.1¢ | $7.915K | 361.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 3079598 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 1101449 | 9 |
View Market Depth
| Last trade - 14.03pm 01/08/2024 (20 minute delay) ? |
| LIT (ASX) Chart |