LCL
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6.25% 0.9¢ lcl resources limited

LCLOB WORTH A PUNT, page-55

  1. MutantSlab
    603 Posts.
    lightbulb Created with Sketch. 46
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    03/06/21
    11:22
    Post #: 53616956
    You need to pay up 16c per option to convert them to shares. That's it. There is 53M LCLOB, and hopefully they are sufficiently in the money in August for all holders to stub up the 16c. Should raise $8M for the co.
    Festa will be on the hook for a few.
    LCL Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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0.001(6.25%) 		Mkt cap ! $8.201M
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