I debt funding is pulled again and no one steps up to the podium to refinance - there is a possibility that LTR could be forced into administration.
In that case shorts walk away with huge gains as they do not need to buy back their shares,
Before anyone says this can’t happen - there is a precedent for this - Altura (bought by PLS for a song) and also Alita (now owned by Min Res)
DYOR IMO
I debt funding is pulled again and no one steps up to the podium...
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Last
93.5¢ |
Change
-0.050(5.08%) |
Mkt cap ! $2.266B | |||
| Open | High | Low | Value | Volume |
| 97.5¢ | 97.5¢ | 93.5¢ | $49.48M | 52.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 2797617 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 341986 | 5 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| LTR (ASX) Chart |