LIT chart, page-8

  1. 923 Posts.
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    @Timm-Dah. You raise some interesting views, but think you are a little negative about LIT. Share volatility is really not a bad thing for a junior mining stock.

    It depends what your views of a white knight (assuming they are new major share holders and possibly JV partners with funds to get projects going), capital raising, or takeover offers. All of this happens regularly in the mining stocks, and it is not really a bad thing if it benefits the company.

    For example look at LPD. The takeover offer by LIT actually gave a bounce to the share price, and they also undertook a capital raising and new shares issued.

    Personally, I think the next 12 months could have some interesting deals (including the major share holders, JV partners, capital raisings and takeovers) for several junior lithium stocks like LIT.
    Last edited by billijo: 02/08/17
 
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(20min delay)
Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $18.59M
Open High Low Value Volume
1.1¢ 1.2¢ 1.0¢ $16.09K 1.468M

Buyers (Bids)

No. Vol. Price($)
19 3877128 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 146504 2
View Market Depth
Last trade - 16.10pm 21/07/2025 (20 minute delay) ?
LIT (ASX) Chart
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