If they issue more shares they will be at a lower price than the 2c each they would have gotten from the options. This is good for investors due to less dilution and cheaper buy in shares but not good for LRS as they may not raise as much capital this way. Depends on alot of factors of course but that is the general idea. That is ofcouse if they issue more shares, they might sell off some assets, issue more options or something else. The unknown is the worst part IMO
If they issue more shares they will be at a lower price than the...
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Last
16.5¢ |
Change
0.010(6.45%) |
Mkt cap ! $461.9M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.5¢ | $686.6K | 4.231M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 261000 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1003370 | 16 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| LRS (ASX) Chart |