LRS latin resources limited

Ann: Change in substantial holding, page-7

  1. 10,395 Posts.
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    Yes - just keeping an eye on what happens.

    The deal itself has turned out horribly from what I can tell. Depending on what happens over the next month, LRS holders could end up with a tiny premium around 25% (above the share price we traded at immediately prior to the takeover being announced).

    The obvious question is where would the LRS share price currently be if PLS had never announced the takeover....probably 10 cents or lower (plus with the ongoing uncertainty of how the capex would be funded).
 
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