Wow that's a big raise considering LNU has delivered nothing from the last raise.
Surely they dangled something at these investors to convince them this time its different.
My bet is majority of these funds will be used to pay off previous investors and get rid of rh %20 interest lnu was paying. Makes more sense to do that which will automatically reduce costs by %20
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- Ann: $3.3m capital raising initiative and director appointments
LNU
linius technologies limited
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Wow that's a big raise considering LNU has delivered nothing...
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Last
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Change
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Mkt cap ! $6.501M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $260 | 259.8K |
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REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
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