Australia's largest stock trading and investment forum Australia's #1 stock forum

LLL

Click for more information

0.00%

50.5¢ leo lithium limited

Agree, our next worries now are FFX and the exchange rate

First 10608 Last

Share
Profile

Follow
manny100

5,336 Posts.

2320

20/06/24

22:00

Post #: 74415354
Share

Originally posted by contraindicator: ↑

This may have been mentioned but what occurs to me is that we have sold or share of Goulamina for a low amount but the market has dropped sugnificantly and continues to drop for eg on the 8th of may when we were notified of the sale of the project
LTR was $1.33 and now 98.5c = -26%
PLS was $4.18 and now $3.20 = -23.4%
GL1 was $0.39 and now $0.275 = -29.5%

and i think we could run that over many companies and see that sort of shift.

therefor if we got 45c worth of value from the sale it could well be 25% less value now or around 34c in value.

So despite seling low we may well be able to buy lower than we sold for.

just some thoughts

Expand

Agree, our next worries now are FFX and the exchange rate

Last edited by manny100: 20/06/24

LLL Price at posting: 50.5¢ Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

KOB

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

MGU

New results confirm Buena Vista's iron grades potential

MRC

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

MYE

Grosvenor mine fire takes another scalp as Metarock's 168-person presence on-site suspended by Anglo

There are more pages in this discussion • 44 more messages in this thread...

First 10608 Last

Add LLL (ASX) to my watchlist