LPI 3.64% 26.5¢ lithium power international limited

Their structure is odd and I am not an expert. Mitsubushi...

  1. 1,742 Posts.
    lightbulb Created with Sketch. 116
    Their structure is odd and I am not an expert.
    Mitsubushi Financial Group owns 20% of Morgan Stanley. They have been campaigning to smash Lithium stock price.
    The only reason that logical to me is that they want to grab cheap shares or sign-up offtake long term at cheap price.
    I think we got the substantial announcement already as Morgan Stanley probably transfer the ownerships of the shares to the parent company.
    They have done that with GXY.
 
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.