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
- Forums
- ASX - By Stock
- LRS
- Ann: Extension of Entitlement Offer
Ann: Extension of Entitlement Offer, page-2
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LRS (ASX) to my watchlist
(20min delay)
|
|||||
Last
16.0¢ |
Change
-0.020(11.1%) |
Mkt cap ! $447.9M |
Open | High | Low | Value | Volume |
17.5¢ | 17.8¢ | 16.0¢ | $4.686M | 27.80M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 2472953 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 1202344 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 2472953 | 0.160 |
6 | 2455532 | 0.155 |
15 | 1824181 | 0.150 |
3 | 208723 | 0.145 |
5 | 427479 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 1202344 | 3 |
0.170 | 1857576 | 10 |
0.175 | 1569829 | 9 |
0.180 | 1345998 | 8 |
0.185 | 1581265 | 8 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
LRS (ASX) Chart |