LGL 0.71% $1.41 lynch group holdings limited

why another placement, page-7

  1. 1,395 Posts.
    lightbulb Created with Sketch. 24
    They should be making enough cash. As I said before, with gold at all time highs and the Aussie dollar so very low, they should be rolling in the cash. How can they dilute shareholders holdings on the fact that they MIGHT buy out some companies cheap.. What if they cant, or they dont? I still cant get my head around this cap raising when the company is supposedly doing so well. Puzzling me.....
 
watchlist Created with Sketch. Add LGL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.