seems unncessary at this stage, they have the funding for pilot
obviusly this is more about scale-up operations, but they had options in market which would have given them the injection they needed if they delivered on pilot.
I expect if tis minor and get the market to price in future phases, it could be a positive
But sadly i expect the market will not price in scale-up operations until they prove the model.. Cap raising now doestn seem like the best idea.
I;ve mentioned before, the biggest risk with LMG is its inexperienced Board. These guys are not the guys we want leading and I hope in time we get a more qualified board
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3.2¢ |
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Mkt cap ! $75.15M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
2 | 21491 | 3.1¢ |
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Price($) | Vol. | No. |
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3.2¢ | 340055 | 1 |
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1 | 7989 | 0.031 |
12 | 1086643 | 0.030 |
6 | 672551 | 0.029 |
4 | 1500000 | 0.028 |
1 | 7000 | 0.027 |
Price($) | Vol. | No. |
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0.032 | 340055 | 1 |
0.033 | 200000 | 1 |
0.035 | 9836 | 1 |
0.036 | 186679 | 4 |
0.037 | 6000 | 1 |
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