I think there’s a misconception in relation to the understanding of the sale. Many think 20c is what you will get as a value. As many have stated the deal is 0.07 so if PLS rises then LRS should rise as well and this could be above 20c and Vice versa.
Atm PLS is $2.90 which equates to 20.3c. So LRS is trading less than it should be and I think that has a lot to do with many not understanding.
Hopefully another offer comes along.
I think there’s a misconception in relation to the understanding...
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Last
20.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $573.8M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.5¢ | $8.064M | 40.40M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 425000 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 1269000 | 5 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| LRS (ASX) Chart |