LNR 16.7% 0.7¢ lanthanein resources ltd

I was just trying to be optimistic. A 10/1 consolidation only...

  1. 3,343 Posts.
    lightbulb Created with Sketch. 525
    I was just trying to be optimistic. A 10/1 consolidation only takes them to 3 cents at least a 25/1 consolidation takes them to 7 cents so gives them room to pump out a few more CR. I have no idea how many of those 600 million 3 cents shares have been sold into retail hands but I feel they are going to want to offload as many of them at 3-4 before they do a consolidation as they will require the cash to participate in the next CR. Im thinking there cash must be getting low if they had 700k last quarter and paid for exploration costs for 1700 rock chip samples, lab testing, wages, administration expenses and $100k for heritage approvals application fees.
 
watchlist Created with Sketch. Add LNR (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
0.001(16.7%)
Mkt cap ! $13.68M
Open High Low Value Volume
0.7¢ 0.8¢ 0.6¢ $214.2K 29.34M

Buyers (Bids)

No. Vol. Price($)
17 8206360 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 2553793 2
View Market Depth
Last trade - 12.54pm 30/04/2024 (20 minute delay) ?
Last
0.7¢
  Change
0.001 ( 12.9 %)
Open High Low Volume
0.7¢ 0.8¢ 0.7¢ 16031304
Last updated 13.03pm 30/04/2024 ?
LNR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.