Whilst i understand your concern miningnut, they havent exactly helped themselves to the bank balance, despite having several opportunities to do so. No funds were advanced for the refinery project, which would have been an easy way to disguise the disappearance of few million into China. Likewise with this deal. There will presumably now be a clearer understanding of what subsequent funds will be spent on.
I appreciate the contrary view. It forces one to think through the worst case scenarios of what is going on with LIO. Have been burnt in some cash boxes before, where the apparent value has been fritterered or even worse, embezzled. Dont think we are in that situation here.
Ta and good luck.....
- Forums
- ASX - By Stock
- lio acquires 19.49pc of papua petroleum
Whilst i understand your concern miningnut, they havent exactly...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LIO (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.739M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 602376 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 14990 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 602376 | 0.020 |
1 | 500000 | 0.019 |
1 | 300000 | 0.018 |
1 | 1000000 | 0.017 |
1 | 25000 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 14990 | 1 |
0.022 | 53700 | 2 |
0.023 | 210249 | 2 |
0.024 | 176000 | 2 |
0.025 | 66250 | 2 |
Last trade - 10.04am 14/11/2024 (20 minute delay) ? |
Featured News
LIO (ASX) Chart |
Day chart unavailable