LTR was good buying sub $1
Last weeks finance announcement is nothing more than “we submitted the application, it’s looking good” announcement.
Head to page 4 under other and in reality to get the loan facility they are moving to the banks telling them how to run things.
The last bullet point is a ripper.
Huge amount of requirements.
They would be better off hitting the market with a $250m entitlement offer at $1 and then allow themselves and the SP some breathing space.
The banks are now telling LTR what to do. Not a good look.
IMO
LRS General Discussion, page-17186
Add LRS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $433.9M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.3¢ | $1.819M | 11.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1362632 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 40000 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| LRS (ASX) Chart |