LRS 5.56% 17.0¢ latin resources limited

Ann: Extension of Entitlement Offer, page-2

  1. 5,173 Posts.
    lightbulb Created with Sketch. 3788
    This is the second extension.
    Does that indicate they are having a little difficulty raising the funds?
    They need $1 million for the Lind repayment, and probably somewhere around $300k for salaries.
    Not sure what happens if there is a major shortfall, or an almost complete failure in the raising.
    I know TYM went for an approximate $1 million raise recently and ended up with only about $75,000, could this be the same?
    Investors are hunkering down and being a lot more conservative with who they give money too, so it would seem.

    Gw
 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
(20min delay)
Last
17.0¢
Change
-0.010(5.56%)
Mkt cap ! $475.9M
Open High Low Value Volume
18.0¢ 18.0¢ 17.0¢ $745.7K 4.327M

Buyers (Bids)

No. Vol. Price($)
80 3032604 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 1039708 33
View Market Depth
Last trade - 13.34pm 28/06/2024 (20 minute delay) ?
LRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.