Gale and Vilensky have been made directors in another lifestyle company, Oakdale Resources (ASX:OAR). That company is in an even worse position that LRS, it has no cash and no assets of note. It does not do anything, its main activity is a "potential scoping study" at some unspecified time and place (which sounds much like LRS' "JORC coming soon"). OAR appears to exist solely to pay directors fees.
I predict LRS will go into the hands of administrators at any time between now and 31 October 2019 at the latest.
Ann: Annual Report to shareholders, page-12
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 12.5¢ | $619.5K | 4.844M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 732568 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 1879512 | 52 |
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| Last trade - 15.20pm 09/08/2024 (20 minute delay) ? |
| LRS (ASX) Chart |