What do you expect from posters who do not understand market dynamics, contraction of CR availability due to higher interest rates and global uncertainties etc etc.
Examination of Capital Raisings over the past 6-12 months will show nearly all companies had to offer discounts of various high % in order to attract funds. Short term pain for long term gain.
Lindian is still in its infancy. It urgently needed funds and no offtakes consummated as yet. Prospects have not influenced many large investors. They hold the power at present.
Suggest readers check out Euroz Hartley history of placements etc re size and discounts.
I repeat….Lindian has great assets and bright prospects. Look towards the long term horizon and not short term hurdles.
Only a few here with blinkers on. Over 1000 LINDIAN shareholders happy to hold and have no need to down ramp management.
Ann: Trading Halt, page-72
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $121.0M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.3¢ | $73.51K | 700.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 813056 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 27499 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LIN (ASX) Chart |