LIO
Click for more information
4.55% 2.1¢ lion energy limited

"Lion Energy plans to fund the acquisition through the sale of...

  1. BlackOil
    6,447 Posts.
    clock Created with Sketch.
    12/12/04
    20:45
    Post #: 711848
    "Lion Energy plans to fund the acquisition through the sale of its Bula oil field in Indonesia and the private placement of 295 million ordinary shares at $0.01 cents per share."

    Bula sale open to currency risk. More scrip to be issued on top of billions already on issue. Passive investments makes you wonder if any management is required at LIO at all and makes you scratch your head with such a strategy.

    run for the hills imho
    LIO Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add LIO (ASX) to my watchlist
(20min delay)
Last
2.1¢ 		Change
-0.001(4.55%) 		Mkt cap ! $10.48M
Open High Low Value Volume
2.2¢ 2.2¢ 2.1¢ $324 15.43K

Buyers (Bids)

No. Vol. Price($)
1 17730 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 64551 1
View Market Depth
Last trade - 14.23pm 27/11/2024 (20 minute delay) ?
LIO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.