LRS 2.17% 23.5¢ latin resources limited

Originally, I suggested that 2bil market cap would result in a...

  1. 205 Posts.
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    Originally, I suggested that 2bil market cap would result in a share price of $1.23 (refer above post).
    But that does not take into account the options.

    Per 2021 Annual report:
    "As at 31 December 2021 the Company had 1,422,776,263 fully paid Shares on issue, 4,000,000 loan funded unquotedshares on issue, 508,570,167 Share Options on issue."

    Assuming all options are exercised, revised share price is $1.033.
    So, better hold onto that Lamborghini deposit for a little while longer.
    shares1,422,776,263
    1loan funded4,000,000
    2options508,570,167
    3Total1,935,346,430
    4

    5Projected mkt cap2,000,000,000
    6div by shares on issue 1,935,346,430
    7= share price1.033406717






 
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