Diluted down for hopefully the last time yesterday. Come from $4.20 per share to 1.6c. I may grab a couple more strays for my son on Monday but hopefully thats it. All going well I will recover my investment in Q2-3 with some extra trouble. Was thinking of Heatherbelle out there who was in the same position as me but a lot larger initial investment. I hope this gets a run on an she can recover some funds. Thinking of all the long timers out there. GLTA of you this year. You deserve a decent pay check for your years of devotion. LNR now have heaps on the board. Lets see how the play the game. Hopefully in favour of the SH. With a sp at 0.003 they should now have a very big Shareholder cohort. I have been thinking about all these shares being dumped on the market at this level and its now obvious to me that this was the plan all along. Not to open the CR to just sophisticated investors or SH but to the market. They will keep feeding the demand at what level the market decides until the allotment is gone. They obviously didnt need to offer the cheap shares to us as they were going to be available anyway. If Im right its a great move. Very unfortunate that they pushed the SP down so far thou and more transparency should have been provided. Moving forward GLTA. A new year and new hopes.
GD
LNR Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held
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