LRS 0.00% 17.0¢ latin resources limited

I'm by no means a pro at this share trading stuff, and yes,...

  1. 407 Posts.
    lightbulb Created with Sketch. 55
    I'm by no means a pro at this share trading stuff, and yes, share dilution is a concern for most people for several reasons, so you were fair in considering it.

    Does a high number of shares on issue result in a market cap stalling, however? Nope.

    A high number of shares on issue (in general terms) just means that you are likely to be spending the same amount of money to buy more shares at a lower value each. What most investors will look for, when deciding what to invest in, is a company's market cap.

    LRS is sitting somewhere around $450m at the moment. Regardless of whether we have 10 shares on issue, or 2.5 billion, the market cap ($450mil) is what the market has collectively decided we are worth.

    Forgive me if I've just explained something you already know, but perhaps have a look at LRS' peers market caps and their respective shares on issue to see what we are aiming towards as we work towards production.
 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
(20min delay)
Last
17.0¢
Change
0.000(0.00%)
Mkt cap ! $475.9M
Open High Low Value Volume
17.0¢ 17.5¢ 17.0¢ $948.8K 5.574M

Buyers (Bids)

No. Vol. Price($)
5 186401 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 1467659 19
View Market Depth
Last trade - 16.10pm 01/07/2024 (20 minute delay) ?
LRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.