Banter and General Comments, page-4545

Noticed that AJM has increased its Share Purchase Plan from $5m to $14m (max allowed for them) following the overwhelming demand. This follows the $24.5m placement to instos and others - related and non related parties. Issue price was 13 cents. No wonder all these “investors” are happy to pile in now, we’ll below the price of 48 cents 12 months ago. GXY, AJM and all the others have been forced lower to squeeze out the small investor and ensure that the big players (instos, existing lithium majors, and even the old fossil fuel guys) can get set at lower prices via capital railings, takeovers etc - all ahead of this major structural transformation in transport and battery storage. My bet is GXY is still fighting hard (as an independent) not to be screwed over. Small investors need to sit tight. IMOH DYOR
Bounce