Blackphantom.
Dilution is coming. $2m from SI's has already been passed on to the company at an unknown price. + a boat load of options. (66m @ just 1.5c)
The 3D needs to be paid for and they have already announced that around $5m will been needed. (Which is also suppose to paid back the $2m. But will be in shares. imo)
Any run will be sold into immediately before these issues as they can reload from the raising (imo). Maybe 20-30% quick profit on half of what these SI's put in, in the raising as well. You don't want to be on the wrong side of these trades.
If it is indeed 3-4 weeks. Then that is the end game for this phase. (imo)
There will be not much to drive the price after this well. 3D's do not get the market excited.
- Forums
- ASX - By Stock
- Is LAR on a leash?
Blackphantom. Dilution is coming. $2m from SI's has already been...
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ETR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.88M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
ETR (ASX) Chart |
Day chart unavailable
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online