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Bullboard - Stock Discussion Forum Lithos Group Ltd N.LITS

Alternate Symbol(s):  LITSF

Lithos Group Ltd., formerly Lithos Energy Ltd., is engaged in delivering sustainable lithium. The Company offers AcQUA, which is a patent-pending technology that spans the complete value chain from the conditioning and pre-treatment of raw brines through the direct lithium extraction (DLE) phase into the polishing and purification of battery grade lithium feedstock. The Company has two... see more

NEO:LITS - Post Discussion

Lithos Group Ltd > Didnt think a penny stock could go below .05
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Post by Pocketfulofhope on Nov 22, 2021 7:11am

Didnt think a penny stock could go below .05

Never thought about a 20-1 done at .01.  Now if this collapses further shareholders will be holding fractons of a penny preroll back. Bids this morning are at .135 which would be just over .05 and down from there.. without news i fear this will sink into the abyss .  Maybe that the plan after 3 years of failures. To tank the price so new shareholders see  gains at the expense of those who supported this and got trapped.  Hard lessons here. Even a tabled deal would need to push this to $1 just to get back to .05$ prerollback. No way that will happen with ease. People buying at this level will flip for profit on way up if there's a way up..great luck to all trap in the nightmare. Might take years to see our investment return. Great luck to all we all need it...
Comment by CAinPlap on Nov 22, 2021 11:49am
I had hoped you would have bailed at first opportunity when it resumed trading( and that investorwrong or graphite would have bought your shares lol) You should find another investment that has a greater chance of eventually doing something rather than leaving your capital parked here waiting for the inevitable delisting. Best of luck on whatever you decide to do.
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