I remember looking into Lanstead ages ago and it all sounded really dodgy but I couldn't figure out exactly how it would benefit them. It's quite complicated when you dig into what they do. What I would be confident of though is that they would have been playing this stock and propping up the share price to protect their investment. If they've bailed it tells us they are failing to successfully do this and are not confident of a return on their investment. Safety net has been removed! Also means the monthly cash flows will dry up, and with those salaries to fork over, hmm. Give it a few weeks and watch the slide down the cliff continue. But hang on, we flew over one of our tenements today. God help me!
It's easy to get your back up and shoot the whistle-blowers, but seriously why would you leave your money with this train wreck happening before your eyes.
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Open | High | Low | Value | Volume |
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14 | 1962845 | 0.019 |
22 | 2578687 | 0.018 |
7 | 390405 | 0.017 |
7 | 2097548 | 0.016 |
Price($) | Vol. | No. |
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0.022 | 767666 | 3 |
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