IMO this is a terrible deal and I don't see much value for shareholders. First, they have plucked the valuation for Reset out of thin air, just so they can do a capital raise. No revenue, in a very early stage market with a tenuous as best road to profitability. Huge regulatory and other risks.
Secondly, the shares we are given will be unlisted and virtually unsellable for the foreseeable future. A large amount of effort and expense in putting together a prospectus etc for something that really should be ignored and continue as a subsidiary or simply given away and sold. At least a sale would have capital come back to LGP shareholders.
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $36.21M |
Open | High | Low | Value | Volume |
12.5¢ | 13.0¢ | 12.0¢ | $35.88K | 297.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4843 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 246808 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4843 | 0.120 |
3 | 48884 | 0.115 |
2 | 28636 | 0.110 |
2 | 18599 | 0.105 |
5 | 83333 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 246808 | 8 |
0.135 | 143389 | 8 |
0.140 | 469699 | 15 |
0.145 | 233343 | 8 |
0.150 | 373949 | 14 |
Last trade - 15.56pm 05/06/2024 (20 minute delay) ? |
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Last
12.5¢ |
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Change
-0.005 ( 0.00 %) |
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Open | High | Low | Volume | ||
12.0¢ | 12.5¢ | 12.0¢ | 113638 | ||
Last updated 14.45pm 05/06/2024 ? |
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LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non-Executive Director
Simon Kidston
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