LNR lanthanein resources ltd

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Might have something to do with the constant negative sentiment...

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TeachM

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21/12/23

06:54

Post #: 71559548
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Originally posted by sharebroker1: ↑

backslapping each other alright that we can both agree, getting a whooping 667million shares at 0.003.

My question is, if it's so good, why did directors offer a whopping 667million shares to "sophisticated investors" at 0.003cents causing huge dilution for existing shareholders and raising minimal cash at that low level with the large issue?

Don't tell me because the sophisticated investors didn't want to pay more than 0.003cents? Is that possible?

Ok, so now LNR have well over 2 BILLION shares on issue and not a lot of cash from that big cash raise?

So ok I'll leave it at that , I don't know why they issued the sophisticated investors such a large amount of shares at 0.003cents, probably noone does here also.

They had $5million after the other CR at 1.4 cents and most of that went on drilling SA Murraydiam and WA and not the best results there

Sure exploration is a tough game, we all know that, hopefully success comes after a long hard road, but I personally see a further CR and consolation of capital in my humble opinion, not negative,just what I possibly see coming .

But as you say we are adults and can manage our own risks etc as this is exploration.

Good luck to the board and shareholders new and old.

cheers

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Might have something to do with the constant negative sentiment from the 'existing holders' on here or the barrage of email complaints from holders or the threats to report them to the ASX for withholding information. Why give those looking for an exit an easy way out when they have been rubbishing the board?

Please stop spamming the same posts. If they were valuable people would respond to them respectfully, if you aren't getting a response or the type you want maybe consider what your asking for the tenth time and reconsider posting it.

LNR Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
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Last 0.1¢		Change 0.000(0.00%)		Mkt cap ! $2.810M

Open	High	Low	Value	Volume
0.1¢	0.1¢	0.1¢	$90	90K

Buyers (Bids)

No.	Vol.	Price($)
37	38348663	0.1¢

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Price($)	Vol.	No.
0.2¢	64584002	54

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No.	Vol.	Price($)
37	38348663	0.001
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	64584002	54
0.003	34188467	18
0.004	7920991	12
0.005	7508000	9
0.006	50000	1

Last trade - 13.23pm 27/06/2025 (20 minute delay)

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