What do you care! You don't have shares.. I have a significant holding and will be exercising my options in the next weeks.
Yes, L1 have been able to get in at a very nice price here but will also need to move the needle above $10 to make a subsequent investment worthwhile (or even make the initial one work). BUT what I really like here is that L1 would have done their homework and DD to make a decision to take this stake. This means they like what they see and can see a significant upside and future liquidity to find an exit..
As always, we wish they had done it at a higher price etc etc.. But on reflection this is a good sign in my opinion.
Do your own research. Not investment advice. My opinions only.
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Last
$14.19 |
Change
-0.060(0.42%) |
Mkt cap ! $301.2M | |||
| Open | High | Low | Value | Volume |
| $14.20 | $14.25 | $13.70 | $51.27K | 3.658K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 489 | $14.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.14 | 232 | 2 |
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| Last trade - 10.19am 12/08/2024 (20 minute delay) ? |
| AVR (ASX) Chart |