LRS 0.00% 17.0¢ latin resources limited

No idea what the ‘corporate advisory’ services are that...

  1. 9,562 Posts.
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    No idea what the ‘corporate advisory’ services are that Canaccord will be providing.

    But the exercise prices and expiry dates are eye opening

    Batch 1 - 45 cents to convert and expire this Christmas
    Batch 2 - 55 cents and expire June next year

    So they’re saying they’re confident enough to accept options as payment even though the conversion price is 2-2.5x current share price.

    Am I missing something here?
 
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