Not much in this for shareholders. Management get fees from larger asset base.
Shareholders get shares issued at discount to NAV, but we can buy even cheaper on market. Only reason to participate are options. The options are unlisted so illiquid and only of benefit if share price rises to over $1.65. Why bother?
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- Ann: Proposed Entitlement Issue
LRT
lowell resources fund
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0.34%
!
$1.46

Ann: Proposed Entitlement Issue, page-2
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Last
$1.46 |
Change
0.005(0.34%) |
Mkt cap ! $60.20M |
Open | High | Low | Value | Volume |
$1.45 | $1.49 | $1.45 | $49.91K | 33.90K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 117 | $1.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.49 | 12653 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 117 | 1.455 |
1 | 15000 | 1.445 |
1 | 6000 | 1.440 |
1 | 1500 | 1.430 |
1 | 10504 | 1.420 |
Price($) | Vol. | No. |
---|---|---|
1.490 | 12653 | 2 |
1.500 | 6000 | 2 |
1.550 | 5000 | 1 |
1.590 | 27764 | 2 |
1.670 | 6349 | 1 |
Last trade - 15.59pm 13/06/2025 (20 minute delay) ? |
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LRT (ASX) Chart |