Placement at .008 on June 30 , the last day of tax selling will clear all debt, and give the company the money to achieve the pre feas on guado and progress ILLO
They only provided 2 days of trading before it goes ex entitlement and 1 day after clearing the repayment drag on guado
A few weeks after clearing the 2.5m debt from Junefield
Looks to me like they have someone lined up ready to go to fund the Guado project to me and underwrite a shortfall , if they did it any other way they would of copped major criticism from existing shareholders.
Strong buy in my opinion I bought 1 m at .009 and will take up my full entitlement , and would not be at all surprised to see the Illo results come out during the period of entitlement and see the price rise . making the .008 super cheap .
Just my opinion
Placement at .008 on June 30 , the last day of tax selling will...
Add LRS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $489.8M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 16.5¢ | $1.743M | 10.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 725972 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 212595 | 8 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| LRS (ASX) Chart |