LU7 0.00% 2.7¢ lithium universe limited

yeah so using a margin loan with say Westpac and using the LVR...

  1. 947 Posts.
    lightbulb Created with Sketch. 30
    yeah so using a margin loan with say Westpac and using the LVR to borrow cash to invest in MGG and whether or not that would entitle me to the benefits of the extra options, increased amount of shares that would qualify for the 1 for 4 and then the 7.5% difference
    I would assume it may not given they are borrowed but given will be holding for the long term, trying to leverage into Magellan as one would assume the returns will easily beat the current lending rates which would also be deductible etc

    Watched the interview with Hamish Douglas on the weekend and didn’t have anything about borrowed funds and how that would impact it
    Maybe just bite the bullet and buy what I want outright and leverage into something elsewhere outside the restructure issues
 
watchlist Created with Sketch. Add LU7 (ASX) to my watchlist
(20min delay)
Last
2.7¢
Change
0.000(0.00%)
Mkt cap ! $11.11M
Open High Low Value Volume
2.7¢ 2.7¢ 2.5¢ $30.98K 1.151M

Buyers (Bids)

No. Vol. Price($)
1 32646 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.8¢ 265626 2
View Market Depth
Last trade - 16.10pm 08/05/2024 (20 minute delay) ?
Last
2.7¢
  Change
0.000 ( 3.85 %)
Open High Low Volume
2.7¢ 2.7¢ 2.5¢ 867822
Last updated 15.55pm 08/05/2024 ?
LU7 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.