Hi LMG shareholders
How perfect is this announcement, Yes a little kick in the guts with not being able to participate in the CR.
But the two Cornerstone investors who dragged there feet into signing up and jumping on board will now have to buy from the market and that can only be positive for the SP.
Only my opinion of course, as I'm no broker but I would value LMG at 20 cents right now considering what was just announced and wouldn't be surprised to see it there in the next few weeks if not sooner.
DYOR Happy days.
Ann: LMG Placement closed oversubscribed, page-8
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Last
2.5¢ |
Change
-0.002(7.41%) |
Mkt cap ! $58.71M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.7¢ | 2.5¢ | $12.27K | 473.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 870228 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 100526 | 1 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| LMG (ASX) Chart |