Gale and Vilensky have been made directors in another lifestyle company, Oakdale Resources (ASX:OAR). That company is in an even worse position that LRS, it has no cash and no assets of note. It does not do anything, its main activity is a "potential scoping study" at some unspecified time and place (which sounds much like LRS' "JORC coming soon"). OAR appears to exist solely to pay directors fees.
I predict LRS will go into the hands of administrators at any time between now and 31 October 2019 at the latest.
Ann: Annual Report to shareholders, page-12
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Last
19.0¢ |
Change
-0.010(5.00%) |
Mkt cap ! $532.2M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.0¢ | $2.698M | 13.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 910657 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 530100 | 6 |
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| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| LRS (ASX) Chart |