LPI 3.64% 26.5¢ lithium power international limited

Ann: Ceasing to be a substantial holder, page-7

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,673 Posts.
    lightbulb Created with Sketch. 279
    Did Marty get margin called?

    Cast your mind back a few more this when he lodged a noticed informing the market that a number of his shares were to be held as collateral against a prime / margin account.

    Would coincide with broader market volatility and LPi’s share price getting smoked. Depending on what he used the money for and how geared the position was, whoever has offered a level of gearing would of had a set price on LPI where Marty would of had to tip in more $ or liquidate the position.

    Iam just guessing here, however more than a few dots line up.
 
watchlist Created with Sketch. Add LPI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.