Terrible deal. Best case it values the graphite at $10M on paper for which LEL will recognise almost none of that value in its market cap going forward (look at SRK). Might as well just give it away for $5M cash which LEL desperately needs. LEL cap raise to be announced shortly. This looks like a sinking ship.
Terrible deal. Best case it values the graphite at $10M on paper...
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Last
35.0¢ |
Change
0.020(6.06%) |
Mkt cap ! $39.20M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 37.5¢ | 33.5¢ | $50.80K | 139.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7750 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 53000 | 1 |
View Market Depth
| Last trade - 15.20pm 23/08/2024 (20 minute delay) ? |
| LEL (ASX) Chart |