Lithium Power International - Upcoming IPO

  1. 5,056 Posts.
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    These guys are few weeks away to lodge just heard. They will be raising at 20C for a few mil but apparently even though they haven't lodged anything with ASIC they have bids 4 times already. Once they lodge then it could be many many many times they are predicting. I have a feeling that this was a done deal months ago. Apparently very advanced projects right next to listed peers and some overseas assets as well. I was informed that getting an allocation is out of the Q as it has been planned for months under the radar so they got it all done and dusted way before people like myself sniffed at them.In this Lithium Hot Market with grounds right next to existing listed projects with various data on hand and ready to drill, I was told that their projects in WA are better than the listed peers, I wouldn't dare to predict an open price when this lists. I will be in the Que waiting to buy at open. When I have more news I shall inform my mates here. Cheers.
 
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