LIN lindian resources limited

Ann: Application for quotation of securities - LIN, page-2

  1. nro
    11,228 Posts.
    lightbulb Created with Sketch. 4199
    So correct me if wrong.
    Is this some 35 million shares issued to option traders keen for profits exercising them well before the expiry date theyd need to?.

    I wonder why they would do that.
    Now they have paid for them. Would they perhaps be looking for an immediate return upon their investment you think and selling?
    They can sell down to 3-4cents and still have made money.
    Alexandria I thought you said then taking up options and buying share is a good thing? I just see them getting a massive discount to current prices, selling and hitting the share price and diluting any book value all at the same time!
    35 million shares! We only traded a fraction of this volume all yesterday with our volumes dropping fast.

    None of it looks too good to the sp to me?
    Alexandria are you ure you made that claim with any validity beyond what Ive offered?
 
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Last
10.0¢
Change
-0.005(4.76%)
Mkt cap ! $118.3M
Open High Low Value Volume
10.3¢ 10.5¢ 9.5¢ $642.1K 6.447M

Buyers (Bids)

No. Vol. Price($)
1 200000 9.9¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 70581 2
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Last trade - 16.10pm 01/08/2025 (20 minute delay) ?
LIN (ASX) Chart
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