LPI 3.64% 26.5¢ lithium power international limited

Did Marty get margin called? Cast your mind back a few more this...

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  1. 1,673 Posts.
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    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.
 
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