LU7 0.00% 1.6¢ lithium universe limited

ESH overvalued?

  1. 1,250 Posts.
    lightbulb Created with Sketch. 10
    Has $2m in the bank. Spending $700,000 this quarter.

    Also has $465,000 coming in due to yesterday's annc.

    May need to look back at your statement @ibs8.s
  2. 639 Posts.
    lightbulb Created with Sketch. 1276
    Ibs, Good thing you can get out now at 1.9c/ 1.8c then seeing as you are so convinced. I am a buyer at 1.8c if you would like to sell me your shares. Company is only just about to take off. Management would not be silly enough to do a raise at these levels you speak off. They have enough funding now with yesterday's divesting to continue making in roads and would be waiting for a higher price to raise money if they need it. Been hearing plenty of good things and definitely not expecting the company to come out and do a raise at such ridiculous levels. But by all means there are plenty there at 1.8c including myself, so you are very lucky indeed
    Last edited by Jayse: 17/04/18
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