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
When a company burns through cash like LNU and has no revenue...
Add LNU (ASX) to my watchlist
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Last
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Change
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Mkt cap ! $11.09M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $72 | 35.88K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 119822033 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 5464609 | 2 |
View Market Depth
| Last trade - 14.40pm 21/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.1¢ | 0.2¢ | 0.1¢ | 429609 | ||
| Last updated 14.40pm 21/05/2024 ? | |||||
| LNU (ASX) Chart |