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European Lithium Shares Slide As Legal Setback And Dilution Fears Collide
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European Lithium Shares Slide As Legal Setback And Dilution Fears Collide
European Lithium (ASX: EUR; FRA: PF8; OTC: EULIF) has come under fresh pressure after a sharp share price fall and a new regulatory twist at its flagship Wolfsberg Lithium Project in Austria. Shares dropped about 10% to around A$0.175 on 4 December following a cluster of director-interest announcements released after market close on 3 December. These filings detailed the issue of new performance rights and equity-based incentives to senior figur…
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