absolute great news with our neighbors PLS!
Not the SP for the SPP being 30ct, but to see that a No 1 player like CATL is willing to pay nebst over 90Mill $ in the company, which has a hard time at the moment.
what does this tell us?
- actual Shareprice and over-negative news sentiment does NOT reflect the valuation institutional partners/buyers give to the company - and so same to AJM
- there IS enough money, willing to flow and be invested in LI , although it is said to die at the moment by all the downtampers.
- AJM also will come up with a deal.
- so why are we hanging around at 6.4 ct?? probably because someone pins us there at the moment - by active manipulation. but that has nothing to do with the real value and potential.
LI lives ! ;-)
USD 125 million debt due in less than 12 months - we can't pay this?, page-309
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