Cash raising will continue until LNU is cashflow positive, if they don't LNU will go broke. So many unrealistic, unseeing shareholders on this thread, even Fibbo1 now it would seem.
IMG and the US college market represented by Peach Belt Conference have the scale to accelerate revenue growth dramatically, but it will take a few more qtrs. to do that. Once that happens the frequency and/or size of capital raisings will diminish.
Cash raising will continue until LNU is cashflow positive, if...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.09M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $3.263K | 1.675M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 146043782 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 6200813 | 10 |
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| Last trade - 15.53pm 31/05/2024 (20 minute delay) ? |
| LNU (ASX) Chart |