My thoughts could be that because cash is getting low and it was generally expected we would raise within the next 6 months potentially management have decided to raise now rather than after PEA in the hopes that when we have our run of news flow over the next 6-8 months (Uprade, PEA, DFS, offtakes), we have a lot more room to run, as investors getting in won’t have to worry about a raise for some time. Could be a bunch of cope but who knows.
Ann: Trading Halt, page-117
-
- There are more pages in this discussion • 50 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LRS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.0¢ |
Change
0.010(6.25%) |
Mkt cap ! $475.9M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.0¢ | $927.3K | 5.545M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 523134 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1447065 | 20 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| LRS (ASX) Chart |