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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 not confident about 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 28/02/19

1 year TSR5 year TSR
134thOilex25%-42%
255thBuxton Resources0%-15%
387thDe Grey Mining-20%-23%
559thLepidico-43%-7%
790thTrek Metals-75%-40%
730 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

22/11/18
$0 Issued
22/11/18
$0 Issued
22/11/18
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

213th↓Oilex$177k
214th↓Trek Metals$173k
215th↓Lepidico$171k
216th↓Buxton Resources$167k
217th↑De Grey Mining$162k
487 listed resources companies ranked by revenue.
Source: Morningstar

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