So my 2c worth, I originally thought the same but on reflection, I think the options are low at 22c as the sooner they are exercised the better for LRS, more $ in their coffers. Stringing it out to 30c for example would just delay them being converted. Maybe that's a strategic plan for them to get another x million in the bank sooner rather than later?? I could be totally wrong in my thinking.
Ann: Trading Halt, page-130
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Last
19.5¢ |
Change
-0.005(2.50%) |
Mkt cap ! $545.8M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.0¢ | $3.350M | 17.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 2489697 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 91622 | 2 |
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| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| LRS (ASX) Chart |