IMO this confirms my theory about that dump of shares at 3:30pm today. This notice confirms Lind exercised another 7.5m options
So they’ve exercised and then sold on market straight away.
Makes me a lot more comfortable about the close at 12cents. We were on track for a 13 or 13.5 close until Lind dumped these shares.
FYI for any newer holders, Lind have never had a long term view on their LRS holdings. They generally provide us with capital and then take profits and run.
Ann: Application for quotation of securities - LRS, page-2
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Last
25.5¢ |
Change
0.020(8.51%) |
Mkt cap ! $714.8M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 26.0¢ | 23.0¢ | $3.112M | 12.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 1207833 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 30356 | 2 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
25.5¢ |
Change
0.020 ( 10.0 %) |
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| Open | High | Low | Volume | ||
| 23.5¢ | 26.0¢ | 23.5¢ | 3962962 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| LRS (ASX) Chart |