LRS 2.63% 18.5¢ latin resources limited

Ann: Results of Meeting, page-2

  1. 1,480 Posts.
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    300,000,000 shares are to be issued, to the usual CG connections, and one can see what that has done for the share price. Considering these shares cannot be issued for less than 80% of VWAP over the last five days... the maths is 300,000,000 x 0.003 which is a paltry $900,000 (for use listed below; read "lattes and danishes) ... with the absence of any other miracle news, I expect a massive dump in the coming days as is the usual modus operandi.



    (i) for general working capital, including any development expenses associated with its exploration projects and repayment of debt; (ii) as consideration for, or to develop, any acquisitions of new resources, assets and investments that the Company may undertake (although none are currently planned) including expenses associated with such an acquisition; and (iii) to work on the lithium targets identified in Argentina and maintain the Company’s Peruvian mineral properties in good standing.
 
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Last
18.5¢
Change
-0.005(2.63%)
Mkt cap ! $517.8M
Open High Low Value Volume
19.0¢ 19.0¢ 17.5¢ $2.039M 11.17M

Buyers (Bids)

No. Vol. Price($)
2 144143 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 2098329 16
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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