LRS 3.33% 21.8¢ latin resources limited

The exceptionally low volume prior to today had me thinking that...

  1. 9,245 Posts.
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    The exceptionally low volume prior to today had me thinking that a CR is possibly on the way. I remember the same pattern in early April 2023. Anyone can check the daily chart over this period and they’ll see the tiny volume that lead into the CR.

    We have a full suite of executives now (which is a good thing as it’s necessary for us to deliver a successful mine), but also comes with a hefty bill.

    Important to remember that a CR doesn’t have to be a negative. April 2023 CR was priced at 10.5 which was only a 5% discount to the last close price. After the CR, the share price never went backwards and actually climbed 300%+ in the following months.

    Of course the share price doesn’t go up simply because a CR is run. It takes decent news flow + recovering spot prices as we found out last year.
 
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Last
21.8¢
Change
-0.008(3.33%)
Mkt cap ! $658.8M
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23.0¢ 23.5¢ 21.8¢ $1.238M 5.422M

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Last trade - 13.38pm 30/04/2024 (20 minute delay) ?
Last
21.5¢
  Change
-0.008 ( 2.63 %)
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23.0¢ 23.5¢ 21.5¢ 2189104
Last updated 13.56pm 30/04/2024 ?
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