OK, so LAT will have circa $8M in cash after the placement and 423M shares on issue with 50M oppies.
Fully diluted market cap of $17M at 3.6c.
Cash component of $8M.
Market is pricing in $9M worth of blue sky for Middlemas.
No bargain but it all depends on what Middlemas intends to do with LAT.
am i missing something!!, page-27
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 (20min delay)
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Last
13.5¢ |
Change
-0.015(10.0%) |
Mkt cap ! $19.25M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 12.5¢ | $11.39K | 87.03K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 1255 | 1 |
View Market Depth
| Last trade - 15.44pm 11/07/2024 (20 minute delay) ? |
| LAT (ASX) Chart |