You are the one that highlighted that LTR does not have a price floor for its offtakes… and that suspension is the option if prices fall below the cost of production.
CR? The Convertible notes issued to LG are a hybrid capital raise that dilutes current holders when converted. The much lauded $1.80 is not written in stone and IMO is likely to be converted at a price much lower than that - further diluting holders.
The collateral against the LG notes/loan is all of LTR’s shares. Even more risky if there’s no floor price for the product you sell…
Tell your mysterious friend that I have no idea what her reference to Mali infers.
DYOR IMO
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Last
79.0¢ |
Change
-0.020(2.47%) |
Mkt cap ! $1.915B | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 80.0¢ | 77.5¢ | $10.13M | 12.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 365849 | 79.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.5¢ | 35511 | 2 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| LTR (ASX) Chart |