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0.00% 0.2¢ linius technologies limited

Ann: Response to ASX Appendix 4C Query, page-43

  1. frankieV
    2,124 Posts.
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    13/08/19
    12:59
    Post #: 39975589
    Everyone talking about these guys like they are Angel Investors, remember they are sitting on the board collecting $90k per year + super and spending $500,000 per quarter on food and travel and 'administration expenses' (wink).
    If it goes up they stand to gain substantially but if it goes down not a total loss - Bit of a tax offset and they'll scrape something out of the insolvency. Pretty sweet deal.
    LNU Price at posting: 3.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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