LMG
Click for more information
2.17% 4.7¢ latrobe magnesium limited

Totally agree with your last sentence!Irrespective, LMG will get...

  1. tropic
    1,799 Posts.
    lightbulb Created with Sketch. 382
    clock Created with Sketch.
    15/06/24
    16:33
    Post #: 74331965
    Totally agree with your last sentence!
    Irrespective, LMG will get its $6M. Page 8 of the prospectus:
    "The Offer is fully underwritten by the Lead Manager, Ord Minnett."
    There is the risk that if Ord Minnett end up with many more than they planned, come July they may dump them all on market thus pushing the share price down however that would provide another accummulation point.

    With only $1.6M our of the $18M remaining as working capital, we quite likely will be up for another CR before end of the 2025 fiscal year to help progres stage 2(& 3). Hopefully the share price will be higher by then.
    LMG Price at posting: 4.3¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

TBN Tamboran is developing the NT Beetaloo Basin. To get there, it's listing at $36/sh on the NYSE
right-arrow Created with Sketch.
3DP Pointerra wins US$1.63M from US Dept of Energy to model climate change scenarios
right-arrow Created with Sketch.
SUN ANZ deal to buy Suncorp to go ahead following approval from Treasurer
right-arrow Created with Sketch.
SXL Southern Cross says no to buy up of Australian Community Media assets
right-arrow Created with Sketch.
LYC Lynas eyes first dysprosium, terbium HREE production in CY25
right-arrow Created with Sketch.
PH2 Pure Hydrogen to supply hydrogen-fuelled garbage truck to City of Newcastle
right-arrow Created with Sketch.
watchlist Created with Sketch. Add LMG (ASX) to my watchlist
(20min delay)
Last
4.7¢ 		Change
0.001(2.17%) 		Mkt cap ! $103.0M
Open High Low Value Volume
4.6¢ 4.7¢ 4.3¢ $70.94K 1.547M

Buyers (Bids)

No. Vol. Price($)
3 564837 4.6¢
 

Sellers (Offers)

Price($) Vol. No.
4.7¢ 101 1
View Market Depth
Last trade - 15.30pm 28/06/2024 (20 minute delay) ?
LMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.