LIO 0.00% 2.1¢ lion energy limited

rising today, page-4

  1. 729 Posts.
    rising today, but for how long Could it be that Giuseppe and his mates, ABN, Bell Potter etc. stopped selling for a day.
    Even the cash the coy raised recently and may raise from the Bula sale (don't count this deal as done either until the cash is received) the NTA is probably only 0.6 cents.
    That's half the current sp, you do the math. Companies of this size have to take risks with exploration, buying a % of someone elses claim will only lead to a very slow and painful death for the holders, while directors et al draw salaries etc.
    Wake up Australia, this is a sell, hold at best, anyone gotta another view?
 
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