LRS 2.63% 19.5¢ latin resources limited

LRS chart, page-6666

  1. 9,687 Posts.
    lightbulb Created with Sketch. 5125
    I’m not a miner, but you would have to think that if someone wanted to pitch a bid for LRS, now would be the time to do it while lithium prices are low, project economics are now public via the recent PEA and our market cap is trading at 19% of our NPV.

    on the flip side, maybe large companies and instos have a negative view of investment into Brazil? Looks like Sigma never received a takeover offer until they started production. However the lack of M&A on Sigma until recently may have more to do with theair register which from memory includes A11 Fund which owns close to half of the shares and the Sigma CEO Ana C, also owns or is a director on A11. So pretty difficult to get a takeover over the line.
 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
(20min delay)
Last
19.5¢
Change
0.005(2.63%)
Mkt cap ! $545.8M
Open High Low Value Volume
19.0¢ 20.0¢ 18.5¢ $12.64M 64.93M

Buyers (Bids)

No. Vol. Price($)
22 3801553 19.0¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 4743191 49
View Market Depth
Last trade - 16.10pm 21/08/2024 (20 minute delay) ?
LRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.