LNR lanthanein resources ltd

Ann: Application for quotation of securities - LNR, page-14

  1. 3,846 Posts.
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    Thanks UFX. yes we are to blame for putting out money and trust into a minow company who talked big and delivered small but the company are also to blame. Supporting SI for huge allotments of shares at rock bottom prices is foolish business. Doing it now at rock bottom is the same. If they want to consolidate why not just do a 10:1 reducing the numbers of shares down to around 300M and the price back to 1c. Do some exploration with the $3.8M they have in the bank and bring the price up to 3c then do a CR where it does the least damage and create value for SH as they are suppose to do. Diluting by around 90% then running a 30:1 and changing the name is almost criminal. They are milking it and making it look like a new company to hide from their failings. It also destroys the investments of nearly everyone thay invested above 1c. Call it as you will but its a disgrace and should not be allowed. IMO

    GD
 
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Last
0.1¢
Change
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Mkt cap ! $2.810M
Open High Low Value Volume
0.2¢ 0.2¢ 0.1¢ $7.336K 6.335M

Buyers (Bids)

No. Vol. Price($)
42 43883666 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 83925157 53
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Last trade - 15.43pm 24/06/2025 (20 minute delay) ?
LNR (ASX) Chart
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