We all learn through lessons. I've been burnt before and learnt from experiences. Although you have a lot more experience than I have, I am sure.
Before more than 1.5 years, when I was researching my investment options, I was in a big dilemma to choose between LRS and GL1 to invest my sweat.
GL1 was ahead of Lrs in the race and more favourable at that time. Today, I can clearly see how much better off I'm for taking this right decision.
The reason I picked Lrs was obviously their fundamentals and low OPEX. There is a GOOD reason Gl1 haven’t been able to lock in GOOD finance. Their capex, opex, and hence the fundamentals. Their PEA says it all.
LRS can learn from GL1s experience however, as long as their capex and opex are similar to Sgml, the finance shouldn't be a road block.
All Imo. Dyor.
LRS General Discussion, page-17911
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Last
17.0¢ |
Change
-0.010(5.56%) |
Mkt cap ! $475.9M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 16.5¢ | $1.608M | 9.399M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 2237794 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 250000 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LRS (ASX) Chart |