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98.5¢ lark distilling co. ltd

Ann: Strategic Partnership and Equity Raising, page-6

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VamosMikel

1,312 Posts.

309

29/07/24

21:33

Post #: 74970552
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Originally posted by Spudguy: ↑

Despite prior assurances that they did not, it was glaringly obvious they needed operational and capex funding for sure - better equity than debt. But this step has more the indicia of a privatisation step IMO. It can't be what it is purported to be - "a strategic partnership" - a 10 year agreement to buy busted wine barrels to meet the current flavouring fad provides a strategy advantage - you have to be joking !!

Dilute the minorities, privatise and re-list down the track IMO.

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You have summed it up brilliantly. Bravo.

LRK Price at posting: 86.5¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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(20min delay)
Last 98.5¢		Change 0.010(1.03%)		Mkt cap ! $103.5M

Open	High	Low	Value	Volume
97.0¢	98.5¢	97.0¢	$44.76K	45.87K

Buyers (Bids)

No.	Vol.	Price($)
3	4225	96.0¢

Sellers (Offers)

Price($)	Vol.	No.
$1.00	26211	2

View Market Depth

No.	Vol.	Price($)
3	4225	0.960
2	19011	0.950
2	6000	0.850
3	19500	0.800
1	650	0.785

Price($)	Vol.	No.
1.000	26211	2
1.010	30000	2
1.020	1500	1
1.030	2371	2
1.050	2000	1

Last trade - 15.55pm 08/10/2024 (20 minute delay)

LRK (ASX) Chart