LIO 0.00% 2.2¢ lion energy limited

cash, page-5

  1. 2,405 Posts.
    the market has valued lion for ages on the fact that the cash was never going to come back from china.

    not fair nor reasonable is how the accounting firm called it.

    absolte disgrace. the directors let the chinese take millions of dollars cash from the company,because the money was already 'lost' to australian rule of law.

    the same directors then tell ordinary shareholders to give up more real cash, or any value they have will go.

    hotcopper doesn't like people saying 'things'about directors, but ---where are the millions that belonged to the shareholders?.
 
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