Although I'm bullish on LRV given the low market cap and cash on hand, the questions going forward are " If LRV gets good results from Eyre drilling, will it mean that the company will suddenly under promise and over deliver, will drilling schedules and updates be more timely, will capital raisings be timed more appropriately to reduce dilution and maximise shareholder value.
Having great assets is a part of the equation, but how about managing those assets and the company to create real share holder value is another.
Ann: Larvotto Completes $2M Placement, page-111
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Last
12.0¢ |
Change
0.020(20.0%) |
Mkt cap ! $30.09M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 13.5¢ | 10.0¢ | $489.1K | 4.006M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 103000 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LRV (ASX) Chart |