LRS 2.94% 17.5¢ latin resources limited

Ann: A$35M capital raising to expedite lithium business - Brazil, page-82

  1. 75 Posts.
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    You’re either down ramping or have no idea how CR Function and play out with sophisticated investors via broking firm. The money is getting used for immediate and a critical projects which will determine the potential significant increase the value of the company

    I am a soph investor and have participated in CR'S and what you’re describing is not how it works and in the two I’ve participated in over the last 18 months in which only vague/approx guidance of what the money will be spent on provided to myself and the market, It comes down to an exercise of trust in the relationship With your broker.

    why participate and sell out for a couple of pips if the logic says hang on a sec LRS might be at $.32-$.35 by June and who knows by end of year as they could well be sitting on a significant lithium deposit aside from all their other assets. so if I got a placement of 250 K for example at $.16 and I’m thinking jeez this could be at $.75 by December 1 or $35 - $40 cents in July For what reason would I want to exit at $.20 Or 22 or 25 in the next few weeks

    And I’ll ask a question to anybody who reads his post should they wish to reply but I was thinking back to all CR announcements I’ve seen across all of the stocks I invest in over the last few years and I cannot recall a single CR announcement as good as this one... so the question is, can anyone think of CR announcement that they’ve seen that compares or is better than what we saw today?

    so all the best with your plan and if what you’re saying is true bypass the market system and just contact Hartleys or whomever directly to see how many soph investors want to just part with their shares at the price you suggested without going through the pain of payment listing and sale.
 
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Last
17.5¢
Change
0.005(2.94%)
Mkt cap ! $482.8M
Open High Low Value Volume
17.0¢ 17.5¢ 17.0¢ $357.0K 2.099M

Buyers (Bids)

No. Vol. Price($)
47 1172543 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 1659446 26
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