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donteatme

9,400 Posts.

456

09/10/19

17:53

Post #: 40800050
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Originally posted by myASX ↑

I think, to avoid another CR they will need to grow around 100% per month. Which will make them the fastest growing stock on the ASX. Totally possible but highly unlikely going off the data we have at the moment.

Or they will have to savagely slash their spending. To date that have only shown how to increase spending massively not shrink it massively.

Or they will have to land the mother deal with Warner Bros or someone like them, make that public and then get all the options exercised on the pump.

They are the only 3 ways to avoid another CR.

So, summing all that up and using the companies history of everything to predict the immediate future before the cash runs out....I think there will be another CR.

The clue in everything is the selling. If there is continual selling under 7.5c we will have another CR.

To date every CR has been fed by selling of the LNU shares. If we see continual relentless selling off coming off screen like we have all year, there will be another CR in my opinion.

I’d love to get excited but I’ll wait till more exciting data comes in

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Options mate

LNU Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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