I would be careful. Suicide funding deal they signed makes for a rough ride. LMB needs good news fast. They have to repay 96k a month in either shares or cash. The lower it goes the more shares they have to issue and greater the dilution. On top of that they will be out of money come the end of March. Unfortunately good news has to compete with these two forces and if the good news don't win out the stock will tumble. I hate these funding deals and they are done when times are tough as they are now for small caps. The funder is not a holder of the shares.
Capital Raising, page-3
-
- There are more pages in this discussion • 2 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 HXG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $5.129M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $19.87K | 1.821M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2634134 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 149692 | 1 |
View Market Depth
| Last trade - 15.38pm 28/06/2024 (20 minute delay) ? |
| HXG (ASX) Chart |