LRS 2.44% 20.0¢ latin resources limited

I am on hols, but will post the broker data next week for...

  1. 8,235 Posts.
    lightbulb Created with Sketch. 2918
    I am on hols, but will post the broker data next week for Friday.

    I may look to exit some (maybe 30%) of my position in a few weeks time if it looks like no sign of a counter bid.

    Though it’s a bit of a quandary, Moving to some beaten down stocks may seem a good idea, but capital markets may be tough for some time.

    PLS on the other hand would likely be a first mover advantage on any increase in Chem prices rising, as they did in 2021/22 so a recover in their SP would occur before explorer / developers.

    Has PLS timed this to perfection?

    Looks like CG had gone heavy on exploration spending to prove up resource possibly for this situation, unfortunately the balance sheet looks a bit exposed if they need a $10m loan.

    Did you get a chance to find the break fee??

    Last edited by GARETH78: 17/08/24
 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
(20min delay)
Last
20.0¢
Change
-0.005(2.44%)
Mkt cap ! $559.8M
Open High Low Value Volume
20.5¢ 20.5¢ 19.8¢ $22.94M 114.8M

Buyers (Bids)

No. Vol. Price($)
35 13941804 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 138281 1
View Market Depth
Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
LRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.