LRS

2.63%

18.5¢ latin resources limited

Ann: A$35M capital raising to expedite lithium business - Brazil, page-99

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TheGoodNut

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14/04/22

16:38

Post #: 60861250
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Originally posted by Ritchiejc: ↑

You’re either down ramping or have no idea how CR Function and play out with sophisticated investors via broking firm. The money is getting used for immediate and a critical projects which will determine the potential significant increase the value of the company

I am a soph investor and have participated in CR'S and what you’re describing is not how it works and in the two I’ve participated in over the last 18 months in which only vague/approx guidance of what the money will be spent on provided to myself and the market, It comes down to an exercise of trust in the relationship With your broker.

why participate and sell out for a couple of pips if the logic says hang on a sec LRS might be at $.32-$.35 by June and who knows by end of year as they could well be sitting on a significant lithium deposit aside from all their other assets. so if I got a placement of 250 K for example at $.16 and I’m thinking jeez this could be at $.75 by December 1 or $35 - $40 cents in July For what reason would I want to exit at $.20 Or 22 or 25 in the next few weeks

And I’ll ask a question to anybody who reads his post should they wish to reply but I was thinking back to all CR announcements I’ve seen across all of the stocks I invest in over the last few years and I cannot recall a single CR announcement as good as this one... so the question is, can anyone think of CR announcement that they’ve seen that compares or is better than what we saw today?

so all the best with your plan and if what you’re saying is true bypass the market system and just contact Hartleys or whomever directly to see how many soph investors want to just part with their shares at the price you suggested without going through the pain of payment listing and sale.

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GL1's cr taken up by MIN is up there with the best

LRS Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 18.5¢		Change -0.005(2.63%)		Mkt cap ! $517.8M

Open	High	Low	Value	Volume
19.0¢	19.0¢	17.5¢	$2.039M	11.17M

Buyers (Bids)

No.	Vol.	Price($)
2	144143	18.0¢

Sellers (Offers)

Price($)	Vol.	No.
18.5¢	2098329	16

View Market Depth

No.	Vol.	Price($)
2	144143	0.180
36	1480688	0.175
34	2083885	0.170
14	1382595	0.165
19	2129078	0.160

Price($)	Vol.	No.
0.185	2098329	16
0.190	2558271	13
0.195	415171	7
0.200	679670	13
0.205	872221	8

Last trade - 16.10pm 21/06/2024 (20 minute delay)

LRS (ASX) Chart

Ann: A$35M capital raising to expedite lithium business - Brazil, page-99

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Ann: A$35M capital raising to expedite lithium business - Brazil, page-99

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