LRS 2.86% 18.0¢ latin resources limited

Just a thought, PLS has just on 3B shares on its books and with...

  1. 8,822 Posts.
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    Just a thought, PLS has just on 3B shares on its books and with the LRS deal if it goes through will add 2.8B LRS shares if equal to the offer price of $2.85c @ a value of 20c/ LRS share another 200M to their registry making it 3.2B shares on offer in one hit added on.

    Will the SP flounder upsetting the market.???????

    Dillution be a factor ???????

    If current Li price still tanks further what does it mean for LRS at vote time and PLS share price is south of say 2.50 and no sign of recovery.?????

    If PLS SP is lower than the $2.85 equivalent to the then 20c/share offer are we valued for less if the PLS SP is much lower. Nearly 14.5LRS shares are equivalent to the $2.85 offer of 20c each, so do we match the SP in whatever direction it goes or is it just a standard 20c/share offer. ?????
 
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Last
18.0¢
Change
0.005(2.86%)
Mkt cap ! $503.8M
Open High Low Value Volume
17.0¢ 18.0¢ 16.5¢ $6.158M 35.55M

Buyers (Bids)

No. Vol. Price($)
2 330000 17.5¢
 

Sellers (Offers)

Price($) Vol. No.
18.0¢ 899998 2
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Last trade - 16.10pm 05/09/2024 (20 minute delay) ?
LRS (ASX) Chart
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