LRS 2.70% 19.0¢ latin resources limited

What is happening?, page-21

  1. 1,139 Posts.
    lightbulb Created with Sketch. 214
    I believe Issuing Capacity is set at a percent, either as default by the law or as presented during an AGM and voted on by other shareholders.

    Issuing Capacity allows a company to proceed and issue new shares up to the limit, without asking for permission (as they technically already have permission). But they must announce to the market quickly that they have done so.

    So no, they must always inform, but they might not have to ask as long as they are within their agreed (or default) issuing capacity.
 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
(20min delay)
Last
19.0¢
Change
0.005(2.70%)
Mkt cap ! $532.2M
Open High Low Value Volume
18.0¢ 19.5¢ 18.0¢ $3.695M 19.49M

Buyers (Bids)

No. Vol. Price($)
9 692777 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 241023 3
View Market Depth
Last trade - 16.10pm 21/10/2024 (20 minute delay) ?
LRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.