LMG 2.27% 4.3¢ latrobe magnesium limited

Share price forecast, page-63

  1. 4,759 Posts.
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    thank you guys for providing the information so fast.

    You may find that they actually do what another company I hold did and split the stock by 1/10 I’m not sure if that is the correct way to say it but basically 1 new share for every 10 owned. What this does is it make the company more appealing to major commercial investors. “Say you hold 10m today after you would own 1m at the same value equivalent. Hopefully they are now on the way to a very bright future. I’m a cumulating for the long-term. So will take into account 10% plus dilution. TER did this and have gone from $0.10c to $1.00 but bear in mind they are a coal miner and coal has increased in value like Magnesium did in 21.

    best, W1

    Last edited by w1londongroup: 18/12/22
 
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