LNU 33.3% 0.2¢ linius technologies limited

Ann: Linius Raises $631,500, page-5

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  1. 1,456 Posts.
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    Looks like mainly a raise to insiders, which in the circumstances is not a bad outcome considering their averages would be far north of here; thereby removing a mass sniper threat at 0.4.

    So close to 20% going to the BOD, plus I'm informed it was written on the placement term sheet management (non-BOD) would be participating.

    It's strange to see them use the language "comfortably delivers time":

    Screenshot_2022-11-22-08-41-49~2.png

    What I'm personally looking for now is on market support for this raise at 0.3; a line in the sand & a change in behavior.

    We've seen in the last 2 raises there was little on market support at the raise price.

    Whether investors hold their nerve this time remains to be seen, however based on the past 2 weeks, I'm confident JB will deliver another deal (or more) by Christmas.

    He just comes across as a leader who walks the talk.

    Now who is that whale?

    And who's next?

    Gltah & Imho
 
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