LMG 7.41% 2.5¢ latrobe magnesium limited

Ann: LMG Placement closed oversubscribed, page-4

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  1. 3,047 Posts.
    lightbulb Created with Sketch. 3724
    a 30% discount and a 300% profit on options

    That doesnt seem like a great deal for us shareholders and i question why LMG didnt ask for a better deals, afterall this is a month after the previous raise and its clearly an opportunistic broker tapping on the door for a quick buck.

    We didnt need these funds today, with morrisons 500m Green deals funding was always going to be simple

    LMG took the honey too early! This is a great company with a weak management

    Nevertheless, the share price is likely to do well and ultimately thats what we want as investrors. I just feel like i lost 25% of my ownership at unfair terms; which werent offered to me! the latter being the annoying part


 
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Last
2.5¢
Change
-0.002(7.41%)
Mkt cap ! $58.71M
Open High Low Value Volume
2.7¢ 2.7¢ 2.5¢ $12.27K 473.0K

Buyers (Bids)

No. Vol. Price($)
6 870228 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 100526 1
View Market Depth
Last trade - 16.10pm 04/11/2024 (20 minute delay) ?
LMG (ASX) Chart
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