These oppies dont expire until 2027, although they are well and truly in the money (22 cent conversion price).
This is the second early conversion (previous one on 28th June).
The total cash value to LRS if all convert = $27.2m
It's a handy trick to have up the sleeve and if all convert (for example) by early next year, it would provide a great source of funds for the bank account to cover ongoing WIP while we move towards production (with Capex / construction costs to hopefully to be covered by an offtake agreement)
Ann: Application for quotation of securities - LRS, page-2
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Last
24.5¢ |
Change
-0.005(2.00%) |
Mkt cap ! $685.8M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.0¢ | 24.3¢ | $320.9K | 1.307M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 253785 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 348697 | 28 |
View Market Depth
| Last trade - 13.27pm 28/05/2024 (20 minute delay) ? |
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Last
24.8¢ |
Change
-0.005 ( 1.82 %) |
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| Open | High | Low | Volume | ||
| 24.5¢ | 25.0¢ | 24.5¢ | 593567 | ||
| Last updated 13.42pm 28/05/2024 ? | |||||
| LRS (ASX) Chart |