What an absolute useless piece of dribble -- the reference to the high - $2.54 - of the previous reincarnation of Lindian some 20 years ago
Lindian had its roots as the IPO of M.Box in Feb 2000 at 25c, our price has never traded at $2.54, however several management and directional changes and a reconsolidation or two, has been taken into account on any graph, - thus this $2.54 reflects the implied value, not what it actual trading price.
Anyway, what relevance does this have to the current Lindian, -- I'll answer that - none.
What I feel is far more relevant is when the current management and Chairman- Asimwe Kabanga- took management of Lindian, being ASX announcement on the 8/6/17, when the share price was 1.8c.
Since then the share price has had a short spike to a high of 5c, and is currently 3.1c, - an increase of 1.3c since Asimwe joined Lindian.
This is a return of 72% in 5 years --- not an overly exceptional percentage return , but far far better the the ASX 200 index, coming from 5677 in June 17, to currently 7075 as at 13/5/22, a 1398 point increase or some 25%.
But speaking of returns -- thank God, I followed Asimwe into a sister company and bought into it at 1.6c and more at 2.2c and again more at 3.2c. I am sitting on a decent percentage and amount return.
I'm still a believer that we are the only company that can exploit the Kangankunde Rare Earth asset in which my research makes me believe this has the potential to be a billion plus $ asset.
Still buying !!
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Last
9.9¢ |
Change
-0.006(5.71%) |
Mkt cap ! $115.2M |
Open | High | Low | Value | Volume |
10.0¢ | 10.3¢ | 9.8¢ | $33.97K | 340.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6351 | 9.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 608675 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6351 | 0.099 |
2 | 55271 | 0.098 |
2 | 220618 | 0.097 |
2 | 102083 | 0.096 |
2 | 29000 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 608675 | 10 |
0.110 | 490456 | 4 |
0.115 | 300000 | 2 |
0.120 | 243636 | 5 |
0.125 | 133000 | 3 |
Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
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