LIT seems to occupy itself with the issuing of announcements from one guy, artfully kicking the can along the road. Most LIT videos are just him (LPD videos are of people working on L-Max). I don't think LIT will go very far at all.
LIT's failed takeover attempt for LPD was embarrassing (though I'm grateful as it drew my attention to LPD!). LIT also seems to have sold out of LPD before the current price rise (though perhaps as part of an agreement to do so), missing out on these gains.
Yes LIT holds an L-Max licence for WA, but I don't know what that means in practice because in the absence LIT being a producer, I can only see it being used as a sellable/leaseable asset if they're lucky, a mild roadblock that LPD can get around (e.g. GXY currently ships offshore for processing and its operations are not restricted to WA), or an embarrassing scramble to build a minimum-volume L-Max plant in WA before the licence expires, kicking the can along the road some more. I think they're more likely to sell it back to LPD or even GXY than do any real work.
- Forums
- ASX - By Stock
- LPD
- this Giant is awaken
this Giant is awaken, page-370
-
- There are more pages in this discussion • 172 more messages 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 LPD (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $1.3K | 650K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
149 | 292688637 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 14216771 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
149 | 292688637 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 14216771 | 23 |
0.003 | 59300626 | 60 |
0.004 | 33753666 | 34 |
0.005 | 8046545 | 10 |
0.006 | 7301726 | 11 |
Last trade - 10.04am 21/08/2024 (20 minute delay) ? |
Featured News
LPD (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online