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2.33%

4.2¢ latrobe magnesium limited

Ann: LMG Placement closed oversubscribed, page-6

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Donno531

492 Posts.

76

12/11/21

09:24

Post #: 57517570
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Originally posted by sf120: ↑

a 30% discount and a 300% profit on options

That doesnt seem like a great deal for us shareholders and i question why LMG didnt ask for a better deals, afterall this is a month after the previous raise and its clearly an opportunistic broker tapping on the door for a quick buck.

We didnt need these funds today, with morrisons 500m Green deals funding was always going to be simple

LMG took the honey too early! This is a great company with a weak management

Nevertheless, the share price is likely to do well and ultimately thats what we want as investrors. I just feel like i lost 25% of my ownership at unfair terms; which werent offered to me! the latter being the annoying part

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Keep telling yourself that... why is it important to make everyone happy? Time is ticking for the company to supply in the shortage of magnesium.
The options are trading at 6c or so representing a premium of 50% to strike price.
I'm happy for you to sell first thing on open. Don't need whiners holding and complaining.

LMG Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.2¢		Change -0.001(2.33%)		Mkt cap ! $98.63M

Open	High	Low	Value	Volume
4.3¢	4.5¢	4.2¢	$58.25K	1.351M

Buyers (Bids)

No.	Vol.	Price($)
1	7948	4.2¢

Sellers (Offers)

Price($)	Vol.	No.
4.3¢	294397	5

View Market Depth

No.	Vol.	Price($)
1	7948	0.042
1	50000	0.041
2	420000	0.040
1	20000	0.039
3	371713	0.038

Price($)	Vol.	No.
0.043	294397	5
0.044	576948	6
0.045	101000	2
0.047	500000	1
0.049	5000	5

Last trade - 14.39pm 03/10/2024 (20 minute delay)

LMG (ASX) Chart