Hopefully LRV can follow BEZ placement in todays announcement.
BEZ raised $1,000,000 at a price of 0.09 cents when the last closing price was at 0.032 cents. Almost 300% premium, now you gotta love that. Normally, you get a share price pump first then a CR is done at a massive discount. Yet not this one.
I'm hoping for a premium for the interested overseas investor (a reasonable premium) assuming that LRV was tapped on the shoulder and the new investor want to buy a chunk of the project. Its almost like someone wanting to take over some of your business rather than LRV asking for money to go forward.
I see the ongoing negotiations as positive given the low market cap and LRV still having cash of around 3 million. Lets hope so, its probably about time LRV start to really rise.
Hopefully LRV can follow BEZ placement in todays announcement....
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Last
58.5¢ |
Change
0.025(4.46%) |
Mkt cap ! $196.5M | |||
| Open | High | Low | Value | Volume |
| 57.5¢ | 62.5¢ | 57.5¢ | $2.501M | 4.192M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 121832 | 58.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 55996 | 1 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| LRV (ASX) Chart |