So you bought a speculative, short-term instrument that is highly leveraged on a speculative stock and now you are complaining that there is no 'guaranteed' return on your investment. I assume when the management decides on their funding strategy, their aim is to provide shareholder value in the long term and that doesn't necessarily align with what the short term investors want. Securing $20m from prestigious, knowledgeable instos is definitely helpful for the long term viability of the business, so I don't think the management screwed any long term investors here. If you own LCL stocks too, the potential capital gain on those should offset your losses in the long term.
- Forums
- ASX - By Stock
- LCL
- General Day to Day Banter
General Day to Day Banter, page-406
-
- There are more pages in this discussion • 811 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LCL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.8¢ |
Change
0.001(7.14%) |
Mkt cap ! $7.236M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $138 | 18.37K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 5500982 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 4725679 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 5500982 | 0.007 |
6 | 2621116 | 0.006 |
13 | 5599080 | 0.005 |
5 | 3628763 | 0.004 |
4 | 4100000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 4725679 | 8 |
0.009 | 1858874 | 7 |
0.010 | 2981762 | 5 |
0.011 | 459999 | 2 |
0.012 | 437500 | 2 |
Last trade - 11.39am 16/08/2024 (20 minute delay) ? |
Featured News
LCL (ASX) Chart |