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5.56%

3.8¢ latrobe magnesium limited

Ann: Results of Entitlement Offer - Shortfall, page-12

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Honest Rick

256 Posts.

17

12/07/24

18:44

Post #: 74732556
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Originally posted by 7seven7: ↑

Note that the underwritten shares come with a 1 for 2 option as well. I applied for some of the shortfall to get the options.

So basically can sell shares down to the issue price of 4.5c and keep the all the value and upside of the options for free.

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How do you apply for the options?

LMG Price at posting: 4.7¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.8¢		Change 0.002(5.56%)		Mkt cap ! $86.89M

Open	High	Low	Value	Volume
3.7¢	4.1¢	3.6¢	$54.61K	1.433M

Buyers (Bids)

No.	Vol.	Price($)
2	125021	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
4.1¢	139751	2

View Market Depth

No.	Vol.	Price($)
2	125021	0.038
1	27700	0.036
1	20000	0.035
1	25000	0.033
3	142906	0.032

Price($)	Vol.	No.
0.041	139751	2
0.042	50000	1
0.044	150000	1
0.045	145511	3
0.050	42708	1

Last trade - 12.26pm 02/10/2024 (20 minute delay)

LMG (ASX) Chart