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Lithium Australia managing director Adrian Griffin.

Uncertainty surrounds Lepidico takeover

Lithium Australia’s $23.8 million takeover bid for rival Lepidico appears to be heading for rejection, with the target company questioning the operational methods of Lithium’s core asset.

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Lepidico (LPD)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
59thLepidico195%-1%
85thAustralian Vanadium147%43%
536thNovo Litio-10%114%
629thSouthern Hemisphere Mining-25%-41%
663rdIronbark Zinc-32%3%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

17/07/18
$182k Bought
17/07/18
$182k Other
17/07/18
$142k Sold
Total value as at the date of the transaction
Source: Morningstar

Revenue

188th↑Lepidico$216k
224th↓Australian Vanadium$128k
225th↑Novo Litio$125k
227th↓Southern Hemisphere Mining$120k
228th↑Ironbark Zinc$115k
507 listed resources companies ranked by revenue.
Source: Morningstar

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