Products
CE Global Private Equity offers a wide range of investment products and services for retail and corporate investors.
Investment Performance Case Study
Lithium Plus Minerals Ltd
Welcome to the Investment Performance Case Study of Lithium Plus Minerals Ltd, which follows our clients' journeys of investing in Lithium Plus Minerals Ltd between 26th Apr, 2022 and 11th Nov, 2022, during which the recorded share price produced a gain of 332%.
ASX:LPM
Introduction
Lithium Plus Minerals focuses on acquiring and developing lithium projects in the Northern Territory, Australia, with a portfolio covering 1,575 sq.km.
The Lithium Plus Minerals Ltd Investment Case
Lithium Plus Minerals is an Australian exploration company focused on lithium projects. The company entered the public market during a period of considerable investor interest in lithium and other raw materials required for battery production and electric-vehicle supply chains.
The Transaction
Lithium Plus Minerals commenced trading on the Australian Securities Exchange on 26 April 2022 following an IPO at A$0.25 per share.
Investment Outcome
By 11 November 2022, the study records an outcome price of A$1.08. This represented an increase of approximately 332% against the A$0.25 entry price and reflected the strong market environment surrounding lithium exploration during the period.
- Event: Initial Public Offering
- Exchange: Australian Securities Exchange
- Study Period: 26 April 2022 – 11 November 2022
- Entry Price: A$0.25
- Outcome Price: A$1.08
Case Overview
| Company Name : | Lithium Plus Minerals Ltd |
|---|---|
| Sector : | Mining |
| Event Type : | IPO |
| Buy Advice : | 2022-04-26 |
| Sell Advice : | 2022-11-11 |
| Buy Price : | 0.25 (AUD) |
| Sell Price : | 1.08 (AUD) |
| Profit(%) : | 332% |
Case Studies
Related Studies
Australian Rare Earths Ltd
The case study of the Australian Rare Earths Ltd IPO / ASX Listing in 2021
