LIT 0.00% 2.1¢ lithium australia limited

ok, let me give it another shot. @ascole , you are correct,...

  1. 3,060 Posts.
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    ok, let me give it another shot.

    @ascole , you are correct, there is a clause if it drops below the floor price.
    It has to trade for 30 consecutive days under the floor price in which the VWAP of those 30 days becomes the new floor price.
    Considering there were no shorts recorded on ASX for LIT, the constant sell down of small trades whenever there was a buy up, seems suspicious to me, i think this should be investigated by both AG and the ASX, as it looks dubious imo.

    Also on the point that you mention AG living the dream, mate, if he was not out there spreading the message and doing roadshows trying to find a major, i would be bitterly dissapointed, i think his doing a great job, VSPC coming online, with cathode due in sept for bulk sampling, LSSP cashed up soon to make it a reality, lining up all the ducks for the feed sources, looking bright for the very near future in which the current sp will be a distant memory imo.
    Play the ball , not the man, i say!
 
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