When a company burns through cash like LNU and has no revenue they inevitably CR, come on its not rocket science. I'm more confident based off current news and understanding LNU will CR well before they generate decent revenue.
People have to stop thinking micro caps are going to make them millions because a market sensitive announcement is positive.
Also not everyone is ramping. I too wish LNU were at 5c instead of 3.2
Ann: SHO: Licensing Agreement signed with Linius Technologies Ltd, page-132
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Last
0.2¢ |
Change
-0.001(25.0%) |
Mkt cap ! $8.797M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.2¢ | 0.1¢ | $752 | 751.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 250717226 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 33512099 | 9 |
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| Last trade - 10.46am 30/09/2024 (20 minute delay) ? |
| LNU (ASX) Chart |