LNR 0.00% 0.3¢ lanthanein resources ltd

Ann: Lanthanein Completes $1.75M Placement, page-28

  1. 3,693 Posts.
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    This is nothing more than helping out mates in my opinion. Need to look if any of our directors are directly linked to this mob. If so we should be asking for an ASIC investigation. They have let the SP erode away over the last 6 weeks to get the price low enough to maximize the number of shares they could sell in a parcel. They could have maintained the SP and made twice as much in this deal and not have this look like a crooked deal. Then to add options is just rubbing it in our faces. Typical move to line the pockets of the rich. Zero reasons to raise money at this point. They could of run a CR after the assay results and made a tonne more. Not happy. Totally ruined my plans for this stock. Disgraceful.

    GD
 
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