LIN 9.52% 11.5¢ lindian resources limited

Why Instos aren't buying in?, page-6

  1. 207 Posts.
    lightbulb Created with Sketch. 95

    Thanks for the insight. I think to best summarise my thoughts; LIN represents a highly unusual situation wherein, through a mixture of good judgement and amazing luck, the company picked up (without realising it at the time) a huge, Tier One asset which represents a genuinely "once in a generation" discovery!

    Quite extraordinary really!

    That's the good part. The questionable part is whether management, who are probably used to playing the ASX small cap games that you refer to Ryan, can now adapt to trying to at least look like respectable Tier One management?

    My concern is that based on recent evidence of all the probable leaks just before each announcement which resulted in significant prior buying then announcement dumping (for a quick and dirty profit), management don't seem to be on the same page?

    The stakes seem very large here in getting it right?
 
watchlist Created with Sketch. Add LIN (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
0.010(9.52%)
Mkt cap ! $132.5M
Open High Low Value Volume
10.5¢ 11.5¢ 10.5¢ $161.2K 1.516M

Buyers (Bids)

No. Vol. Price($)
2 1942 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 465936 7
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
LIN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.