LIS 3.45% 15.0¢ li-s energy limited

@JimmyLuftonrply not working for some reasonwell, we should have...

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    @JimmyLufton

    rply not working for some reason


    well, we should have about $50M in net assets (including about $10M intangibles admittedly), maybe still including $20M-$25M cash. So it depends what value you put on the growth potential I guess. It is a terrible market at present though, you’re right there. At 7c a share though you’re not giving LIS any potential for growth at all and we might as well liquidate the whole lot if it gets down that low. Once a few batteries roll off the line and we get some industry partner feedback (assuming it’s good) then the sky is the limit if we can bring a new battery technology to market even if it has only a limited application. The IP and patents alone should be worth a billion dollars once proven in my opinion. This end of the market is always a gamble.
 
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