Agreed. This is a good move. A-Cap were likely aware that getting funding for a complete mine & process build was going to be near impossible without cashflow in a future with high interest rates, whereas Lotus can get to producing due to low capex. This looks like a very good strategic move for where the A-Cap resource will have a far greater chance of being developed by a future producer and Lotus extends its company like by 250%. A lot to like.
Agreed. This is a good move. A-Cap were likely aware that...
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Last
33.5¢ |
Change
0.010(3.08%) |
Mkt cap ! $613.4M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 33.5¢ | 32.0¢ | $1.168M | 3.562M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 111740 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 167956 | 4 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| LOT (ASX) Chart |