LTR 1.61% $1.23 liontown resources limited

Still unable to understand why shareholders subscribed for extra...

  1. 490 Posts.
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    Still unable to understand why shareholders subscribed for extra shares at $1.65 when the share price never got near that during the offer period.
    I applied for the shares and received an acknowledgement from the company but I never parted with the money. I think they were only paying lip service to the small shareholders anyway and did not need the money from small shareholders like me. I thought they may have reimbursed the small shareholders given that the price is around $1.35 but that would have compromised, I suppose, the placement of $140 m. made to sophisticated investors beforehand.
 
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Last
$1.23
Change
-0.020(1.61%)
Mkt cap ! $2.970B
Open High Low Value Volume
$1.20 $1.24 $1.19 $7.736M 6.340M

Buyers (Bids)

No. Vol. Price($)
4 43813 $1.23
 

Sellers (Offers)

Price($) Vol. No.
$1.23 5420 2
View Market Depth
Last trade - 16.10pm 01/05/2024 (20 minute delay) ?
Last
$1.23
  Change
-0.020 ( 0.80 %)
Open High Low Volume
$1.19 $1.24 $1.19 1796946
Last updated 15.59pm 01/05/2024 ?
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