I think there’s a misconception in relation to the understanding of the sale. Many think 20c is what you will get as a value. As many have stated the deal is 0.07 so if PLS rises then LRS should rise as well and this could be above 20c and Vice versa.
Atm PLS is $2.90 which equates to 20.3c. So LRS is trading less than it should be and I think that has a lot to do with many not understanding.
Hopefully another offer comes along.
LRS General Discussion, page-18799
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Last
20.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $573.8M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 123437 | 5 |
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| Last trade - 10.01am 30/08/2024 (20 minute delay) ? |
| LRS (ASX) Chart |
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