Rights issue at 3c earlier this year.
No more cash - now doing an SPP at 1.7c
Can look at this both pros and cons.
Pro: they are keeping this tight within loyal holders.
Pro: EV at 1.7c being under $1.5M
Con: lack of attention by the market
Con: sometimes keeping it too tight doesn't give the liquidity it needs to move
Rights issue at 3c earlier this year. No more cash - now doing...
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.99M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $2.042K | 446.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 8575500 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 18486611 | 26 |
View Market Depth
| Last trade - 12.02pm 12/07/2024 (20 minute delay) ? |
| LNR (ASX) Chart |