LNU 0.00% 0.2¢ linius technologies limited

Wonder why they can’t get the raise over the line. Check these...

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  1. 6,992 Posts.
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    Wonder why they can’t get the raise over the line. Check these sobering figures from how much they have raised over the years to what I believe they are trading whilst insolvent, to short term benefits, their current working capital as at June 30th was -$973k, so they need a cool $1m to just cover June 30th! How massive must this raise be?

    $58million raised over the years with little to no revenue in return!!!!!

    https://hotcopper.com.au/data/attachments/6423/6423633-a4f941a07192cfd0ac163413973a3981.jpg

    https://hotcopper.com.au/data/attachments/6423/6423639-3f96fb34d0f20e348cfe81d3adefe707.jpghttps://hotcopper.com.au/data/attachments/6423/6423636-c879dfc4024fcf4ee3714a3c7b2cab55.jpg


 
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