I can't see what all the fuss is. Resolution to issue about 11 mil shares @ 31c Raise about $3 mil. That will give LBT about $8 mil. cash. Issued shares 140 mil post placement @ 41c. MC about $56 mil. I don't see this as much of a dilution. Leaves LBT With a healthy cash balance.
IMO
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Last
1.8¢ |
Change
0.002(12.5%) |
Mkt cap ! $31.63M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.7¢ | $3.899K | 228.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 361155 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 1523195 | 7 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LBT (ASX) Chart |