Australia's largest stock trading and investment forum Australia's #1 stock forum

LRS

Click for more information

0.00%

18.5¢ latin resources limited

LRS General Discussion, page-5060

First 5060 Last

Share
Profile

Follow
Blackheart

1,572 Posts.

206

19/04/22

13:59

Post #: 60912524
Share

Originally posted by Trade4Profit88: ↑

my first post here was about the early exercise of options and share price went up nearly 55% on the day,
in my view such news has no enough support for the increase the M/C by more than 50%
from $142M on 31/3 to $233.16M on 1/4,
there must be reason behind this and it's the recent C/R at 16c.

on 1/4: LRS announced "Early exercise of Options": M/C gain $91.16M
on 6/4: LRS announced "Latin expands the high-grade Salinas Lithium projects": M/C gain $80.72M
on 11/4: LRS announced "New drilling results - Salina Lithium projects": M/C gain -$8.04M

if we use current M/C and then take away the unnecessary M/C gain on 1/4.
20cps @ 1867.95 SOI has M/C of $373.59M
less $91.16M will give M/C of $282.43M
$282.43M @ 1867.95 SOI will give 15cps

if we use M/C on 31/3 $142M and then add the M/C gains on the days LRS had price sensitive announcements
then $142M + $80.72M - $8.04M is $214.68M
$214.68M @ 1867.95 SOI will give 11.5cps

@C/R price 16cps, M/C is 16cps x 1867.95 SOI = $298.87M

to me I think the fair value should be somewhere in between 11.5-15c.

Expand

I hope you can't buy them at those prices mate.
No calculations included for DSO re cloud 9 or the free carry re Integra???.

LRS Price at posting: 19.0¢ Sentiment: Hold Disclosure: Held
9 Upvote

0 Great analysis

Reply

Top Stories

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

What's causing the cost-of-living crisis, and how to navigate it

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 14,400 more messages in this thread...

First 5060 Last

Add LRS (ASX) to my watchlist

(20min delay)
Last 18.5¢		Change 0.000(0.00%)		Mkt cap ! $518.2M

Open	High	Low	Value	Volume
18.0¢	18.8¢	18.0¢	$1.230M	6.659M

Buyers (Bids)

No.	Vol.	Price($)
27	3208042	18.0¢

Sellers (Offers)

Price($)	Vol.	No.
18.5¢	4120	2

View Market Depth

No.	Vol.	Price($)
25	3194042	0.180
10	2076119	0.175
13	1511178	0.170
6	1836266	0.165
9	1597543	0.160

Price($)	Vol.	No.
0.185	858	1
0.190	893057	7
0.195	1350333	10
0.200	2258106	13
0.205	568699	8

Last trade - 16.10pm 18/10/2024 (20 minute delay)

LRS (ASX) Chart