LIN 9.52% 11.5¢ lindian resources limited

I second that.Not a good time for asking for pay rises and it’s...

  1. 215 Posts.
    lightbulb Created with Sketch. 62
    I second that.
    Not a good time for asking for pay rises and it’s a 300% rise as well. That may be warranted if the share price trebles but not when it got cut in half and then some.
    If we have to raise capital to pay these things then when we consider the halfing of the share price and the tripling of the payments it means we have to issue 6x the amount of shares to do it.
    They have done a good job at progressing the work I give them that, but maybe it’s the wrong time to be putting their hand out.
    If they find non- dilutive funding I’ll vote for that in a heartbeat, but right now it’s a no for me on that particular issue.
    Last edited by Scrooge1: 20/10/23
 
watchlist Created with Sketch. Add LIN (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
0.010(9.52%)
Mkt cap ! $132.5M
Open High Low Value Volume
10.5¢ 11.5¢ 10.5¢ $161.2K 1.516M

Buyers (Bids)

No. Vol. Price($)
2 1942 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 465936 7
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
LIN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.