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3.64%

26.5¢ lithium power international limited

Ann: Becoming a substantial holder from MS, page-6

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help_me

108 Posts.

133

13/11/18

13:32

Post #: 36485355
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Originally posted by help_me ↑

They can still spot a bargain when it presents itself, regardless of what they think of the sector as a whole (not that I think they believe everything they publish). This is the most exciting bit of news we've received this year in my opinion. These guys are holding nearly 4 mil options and purchased them anytime before July this year, meaning they would be down a considerable amount of money on that investment. They'll most certainly want to see that money back, and along with their recent large purchases of ordinary shares (unlucky Martin), this gives me very high hopes for LPI's performance over the next 6 or so months.

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I take that back.. I dont think they purchased the options but rather were awarded them when taking part in the institutional placement in April last year.

LPI Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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