LML lincoln minerals limited

Makes you wonder why QGL extended the offer now that withdrawals...

  1. 5,322 Posts.
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    Makes you wonder why QGL extended the offer now that withdrawals are outweighing acceptances. They could have closed last week and locked in a paper profit on 1.3c equivalent acceptances. Now they risk further withdrawals after the letter to shareholders a couple of days ago.

    It increases the likelihood of LML and LMLND merging sooner rather than later. I guess the price gap will close up as March 6th gets closer. Always a slight chance QGL will extend again but don't see why they would.
 
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(20min delay)
Last
0.4¢
Change
-0.001(11.1%)
Mkt cap ! $8.410M
Open High Low Value Volume
0.5¢ 0.5¢ 0.4¢ $1.018K 229K

Buyers (Bids)

No. Vol. Price($)
25 17580318 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 15656434 11
View Market Depth
Last trade - 13.34pm 17/06/2025 (20 minute delay) ?
LML (ASX) Chart
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