You have got to remember that when you bought, LNR had like 1.1 Billion shares on issue, but now with the issue of a further 1.19 BILLION shares, (666 million to be issued at 0.003, and the remainder as vendor shares), then that 50% down hat you mention is quite a bit more now due to the dilution( almost double).
So this is the issue i have with LNR, the continual issuing of shares at prices lower than the market (in this latest instance 0.003 ) !
So this in turn makes it very difficult for the stock to run, especially once these shares are issued, hence why i am not going to put anopther cent here.
Good luck to those who remain i wish you all well.
LNR Price at posting:
1.2¢ Sentiment: Hold Disclosure: Not Held
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