So with this demerger, we automatically receive 1 share of reset per every 30 shares of LGP, is that correct?
aside from the demerger which seems to be creating instability, I think LGP is pretty solid, they have massive room for expansion with that facility in Europe having 30T/year capacity and they seem to have quite a few sales pipelines in various stages of development.
The LGP share price is almost the same as CAN now and CAN has more than 80 million more shares and $60 million more of debt, significantly more cash burn and less total production capacity. Something does not add up?
Quiet here, page-14
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $37.72M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 12.0¢ | $21.69K | 178.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 245282 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 9652 | 1 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
0.005 ( 4.17 %) |
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| Open | High | Low | Volume | ||
| 12.0¢ | 13.0¢ | 12.0¢ | 62530 | ||
| Last updated 12.09pm 04/06/2024 ? | |||||
| LGP (ASX) Chart |