I care because I sold out over the last week for a nice profit, and I'm going to buy them all back at 1.4 / 1.5 cents after the average Lithium results. I am now watching it.
Good long term prospects but LRS is getting a little too hyped. People need to be cautious and not get too carried away. Although I suspect most of the rampers here won't want to hear that and think it's going to 10 cents or a dollar in the next few weeks.
Someone on this thread said yesterday that LRS should be a $300M market cap company in no time. PALLEEAAASSSEE. People need to get a grip and LRS have an awful lot of boxes yet to tick to even triple and become a $100M company. It may happen - over a reasonable period of time and as they achieve meaningful progress.
And if they can't get a substantial portion of the options converted, then guess what comes next guys.
CAP RAISING. At I suspect a price of about 1.4/1.5 with maybe some free attaching new options.
As at end December they had $1.3M in the bank, with expected outflows THIS QUARTER of $850K. They will need to raise money very soon.....................
I will be ready.
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $574.2M |
Open | High | Low | Value | Volume |
20.0¢ | 21.3¢ | 20.0¢ | $1.438M | 6.962M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 882309 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 346131 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 882309 | 0.200 |
6 | 1052653 | 0.195 |
20 | 2871463 | 0.190 |
15 | 3852874 | 0.185 |
14 | 341774 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 346131 | 5 |
0.210 | 3717125 | 10 |
0.215 | 2870908 | 26 |
0.220 | 1403786 | 31 |
0.225 | 2168743 | 11 |
Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
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LRS (ASX) Chart |