LIN 0.00% 9.8¢ lindian resources limited

Ann: FY23 Annual Report, page-7

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  1. 4,607 Posts.
    lightbulb Created with Sketch. 504
    We all want to know why the rot set in last August till now.

    The only explanations and speculation appear to be as follows:

    1. Most of the 2400 shareholders see the value in the stock and are holding irrespective of the shareprice

    2. Manipulators with the assistance of tools such as computer generated trades have been having a ball managing trades and the shareprice

    3 Some genuine sellers panicking or fed up along the way

    4. Some traders who had been looking for quick turnovers got out at any cost

    5. Impact of REE prices going down has kept investors away reducing demand

    6. Institutions and Fund Managers investment criteria not met so no interest in the stock

    7. The stock has nothing more to offer short term

    8. Etc

    There has been no demand for the stock so it goes down not up. No different to any stock. All shareholders are waiting for an event that will set off ignition and takeoff. We are suffering together irrespective what price we entered the Register.
 
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