Hello. In 2023, the three directors & company secretary were paid a total of $500,000. LEL just sold an asset for $97M and will possibly have a $19M tax bill which means a possible $78M in net cash from the sale. Plus LEL has $3.3M in net cash (after liabilities) at 31/3/24 when adding the $1.2M in options exercised in April. So if the deal goes through in the 4th quarter, LEL might have $80M in cash in the bank and the current market cap at 41 cents is $47M.
Ann: BEL: Disposal of Rare Earth Tenements vis Sale of Subsidiary, page-63
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Last
36.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.88M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.0¢ | 36.5¢ | $19.16K | 52.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27824 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 1201 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| LEL (ASX) Chart |