I reckon the sell-off has spooked some of the new convertible note syndicate, and they've not transferred their money - whatever the consequences.
Lingo is done because he completely mismanaged cashflow, couldn't care less about share price and has no more equity to draw on.
The only possibilities we have left is that Columbus and Sundich are going to fight for their investment, or if we get a left of field investment from either government, or one of the Korean partners to stop to whole thing falling over. In any scenario Lingo needs to go.
I reckon the sell-off has spooked some of the new convertible...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.26M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.7¢ | $154.3K | 18.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 8817361 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 2100232 | 4 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| PGY (ASX) Chart |