Also to drill out Moora, could take at least $30m, so a CR will be needed to proceed the two main projects going forward. I think existing shareholders will get some free shares in the new company with the option of buying more. Actually this particular area is out of my league, that is only guess work. But the new company will require capital. What LTR has in the bank now just won't cut it.
How a demerger and IPO affects existing shareholders, page-22
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Last
84.0¢ |
Change
0.015(1.82%) |
Mkt cap ! $2.061B | |||
| Open | High | Low | Value | Volume |
| 82.5¢ | 86.5¢ | 81.5¢ | $7.474M | 8.903M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 231610 | 91.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 76.0¢ | 1198 | 1 |
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| Last trade - 15.59pm 21/10/2024 (20 minute delay) ? |
| LTR (ASX) Chart |