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50.5¢ leo lithium limited

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

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manny100

5,336 Posts.

2320

20/06/24

22:00

Post #: 74415354
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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

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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
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