LIT 15.0% 2.3¢ lithium australia limited

Yes could be good and graphite is a winner but a lot to do to...

  1. 935 Posts.
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    Yes could be good and graphite is a winner but a lot to do to pull this off and with such a miserable balance sheet. Add to that and a 0.20 stock trading at 0.09 - dramatic fall in a short time since listing. Don't forget LIT encourage holders to invest in BEM at, if I recall 25c. So again, I'm guessing thanks for the tip and boy I did well outa that one AG. same ol' same ol'.
    Now back to LIT and here's what we know and why it's a basket:
    > Earnings down 25% over 5 years
    > Less than 1 year of cash
    >Shareholders seriously diluted
    > No meaningful revenue

 
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Last
2.3¢
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Mkt cap ! $28.52M
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2.3¢ 2.4¢ 2.2¢ $277.9K 12.02M

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1 300000 2.3¢
 

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2.4¢ 760011 6
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Last trade - 16.10pm 04/09/2024 (20 minute delay) ?
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