I agree. The debt facility would provide some certainty that in the short term - LTR would be able to cover its liabilities.
If it had already been approved.
It has not been approved. It is subject to an independent experts sign off on numbers provided by LTR.
Lets hope the numbers provided by LTR weren’t put together in a hurry in a similar fashion to the debt facility.
Therefore there is no certainty that LTR can cover its liabilities and as it currently stands is a major risk factor for shareholders.
DYOR IMO
I agree. The debt facility would provide some certainty that in...
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Last
$1.50 |
Change
0.070(4.91%) |
Mkt cap ! $3.624B | |||
| Open | High | Low | Value | Volume |
| $1.41 | $1.50 | $1.41 | $16.07M | 10.94M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24460 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 352520 | 32 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$1.50 |
Change
0.070 ( 6.56 %) |
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| Open | High | Low | Volume | ||
| $1.41 | $1.50 | $1.41 | 3749970 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| LTR (ASX) Chart |