LRF 0.00% 71.5¢ linq resources fund

buyback results

  1. 1,579 Posts.
    lightbulb Created with Sketch. 10
    Good that they have bought back 55 million at 98c~ and this lifts 5 Nov NTA of $1.16 to about $1.24.

    Bad that they don't disclose how many shares tendered - a bit embarrasing I feel.

    Anyway directors, if you think it is okay to buy 55 million at 98c, its time to get the on market buyback into gear at 88c.

    Massive opportunity to add value but am sceptical whether they will buy a meaning ful amount.
 
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