There should be a class action against LRS management. I made a financial decision to invest based on Jan through March expected progress and they stated it in announcements knowing the issues they were having with the local government which is falsifying actual facts and very misleading to share holders.
I lost a lot of money on LRS but I’m not dirty about it and I still hold a couple of million shares. I am annoyed about the lying by management though and they should be held accountable for that and not being able to just continue on as normal and even ask for more considering the situation. Seriously the sheer arrogance is outstanding and my necks never been so sore from shacking my head in disbelief.
Like Kyle said, by far the worst management and they do the complete opposite to a company that has the companies best interest at heart and conserve when it’s needed.
Management only care about their pay packet and it’s a real shame. If they had better management it could have done well.
No news on samples which were promised in late March either.
If the carbonate technology works it may help out but nothing’s moving this SP other than millions in contacts and even then I don’t think I could believe anything they announce anymore.
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17.5¢ |
Change
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Mkt cap ! $560.2M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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17 | 544455 | 17.5¢ |
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Price($) | Vol. | No. |
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18.0¢ | 216977 | 6 |
View Market Depth
No. | Vol. | Price($) |
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5 | 215700 | 0.175 |
6 | 630000 | 0.170 |
7 | 1125150 | 0.165 |
8 | 1918920 | 0.160 |
10 | 651683 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 1869389 | 8 |
0.190 | 3947046 | 21 |
0.195 | 3325980 | 9 |
0.200 | 2906221 | 23 |
0.205 | 1881708 | 11 |
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LRS (ASX) Chart |