LRS 0.00% 20.0¢ latin resources limited

Ann: Cleansing Notice & Appendix 3B-LRS.AX, page-5

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    A cleansing notice is a statutory notice a company must issue after placing new shares on the market. They are usually accompanied by appendix 3Bs. Their purpose is to tell the market that the company is in compliance of its continuous disclosure obligations and is not relying on any carve outs under the continuous disclosure regime. In other words the market is fully informed. This means the newly placed securities can then trade with no restrictions..

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    There- those debtors were probably converting their shares to instant cash.. they don't want to wait for the CR or the next P-S news
 
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