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0.00% 50.5¢ leo lithium limited

I'd say it's mostly FFX debacle that's keeping...

  1. DMen
    502 Posts.
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    14/05/23
    12:39
    Post #: 67763623
    I'd say it's mostly FFX debacle that's keeping LLL at a discount. FFX demergered its lithium assets which is where LLL was borne. Now FFX are broke and the likelihood of them trading again is low to say the least. FFX also holds a lot of shares in LLL which are in escrow. Until the umbilical cord with FFX is completely severed, I think the SP won't move to where it represents somewhere near fair value
    LLL Price at posting: 65.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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