LMG

Latrobe Magnesium (LMG)

Stock Code

LMG

Stock Exchange

ax

Latrobe Magnesium (LMG) specialises in producing magnesium metal from fly ash. It is strategically located in Victoria's Latrobe Valley where, currently, there are 12M tonnes in inventory of fly ash. After conducting studies, the fly ash has been analysed to contain a high level of magnesium, and the company hopes to extract this material and use it.

Sharemarket Scheduled Events for Wednesday


There will be no floats, one ex-dividend, one Extraordinary General Meeting and a lot of Annual General Meetings scheduled in the sharemarket tomorrow, Wednesday, November 16, 2011.

Ex-Dividend

Latrobe Magnesium Dividends

18 October, 2010 - 01:11

Read about the dividend records for Latrobe Magnesium. Dividends are a portion of company profits paid out to shareholders. If Latrobe Magnesium Limited has announced a dividend, you may be eligible to receive LMG dividends if the stock trader the company's shares on the ex-dividend date. In order to receive the dividend payout, investors must purchase the shares before the ex dividend date. The previous owner of the shares will receive the dividend if you buy the stocks on or after the ex dividend date.

Penny Stock Movers on the Australian Stock Exchange


Penny Stock Movers for the Australian Stock Market today: Travel.com.au [TVL] moved 2,782,010 shares to the value of $701,649 today escalating in price by 54% with a high of 0.285. Washington [WRL] moved 53.33% with a high of 0.23. Latrobe [LMG] moved 23.08% with a high of 0.017 - 41,028,302 stocks were moved to the value of $621,982. Sabre [SBR] showed a 20.83% move with a high of 0.145. Falcon [FCN] moved 27.78% to a high of 0.345. Allegiance [AGM] moved 27.59% to a high of 0.43. Penny stocks move spectacularly but the inherent risk of trading these stocks is the lack of liquidity.

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