LRF 0.00% 71.5¢ linq resources fund

nta of 92 cents, page-8

  1. 3,410 Posts.
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    Lagoz,

    My broker met with LRF, also on their website under reports there is research document published by Austock in March and they also mention this. I would have my doubts about anything sizeable in this climate, but I would accept anything at the moment.

    I remember reading the Austock report about this time last year and they indicated the divi would be 20c+ (I scoffed because I thought it wouldnt be anywhere near that), but they did hand out 20c.

    I do know that LIC's are not allowed to declare a divi if they post a loss for that period and I dont know if this would impact LRF as they only declare a divi once a year.

    We should also remember that Clive has let shareholders down before and he does think of himself first.

    I hope this helps, but please DYOR

    Regards
    P
 
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