LRS 5.00% 19.0¢ latin resources limited

Ann: Extension of Closing Date for Share Purchase Plan, page-12

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,389 Posts.
    lightbulb Created with Sketch. 106
    From my memory, the last few CRs were performed using the company that CG's son works for .. shareholders were excluded from these raises ... and afterwards there were big pumps and then massive dumps ... (remember when CG feigned surprise in a video interview as to why the sp was going lower when he was also selling? Eek!)

    I'm just not sure where the incentive will come from to pump the sp after this miserly, extraordinarily highly dilutive SPP. Who would that benefit?

    The SPP will raise enough to achieve, if the long history of LRS is to repeat, bupkis, in terms of shareholder value. The real issue... why raise using shareholders this time? Because, chances are, that money will be burned and no pump will come. Stay tuned. All in my opinion, of course.
 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
(20min delay)
Last
19.0¢
Change
-0.010(5.00%)
Mkt cap ! $560.2M
Open High Low Value Volume
20.0¢ 20.5¢ 19.0¢ $2.883M 14.53M

Buyers (Bids)

No. Vol. Price($)
7 818306 19.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.5¢ 604771 6
View Market Depth
Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
LRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.