I have no idea if the delay is a ploy, but the answer to the question is quite obvious
If they have a major discovery within their drill results the stock will go far higher than 2 cents , and they might be able to raise the cash at multiples of 2 cents
Interesting to see Lakes have acquired ground next door to LRS , before the results are out , i would of thought they would of waited to see if the LRS drill results are positive , maybe they are hearing good things in the district
LRS, page-4
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $518.2M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.8¢ | 18.0¢ | $1.230M | 6.659M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 3208042 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 4120 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| LRS (ASX) Chart |