In my opinion I believe buying into the lease in this manner is a way of limiting risk and immediate cash burn for the following reasons:
- The original owner maintaining 30% provided the incentive for them to let go of the lions share
- Amount of cash required up front is reduced
-Provides the opportunity for them to pull out if the results aren't great which further strengthens the second point.
I encourage you to read the announcements and not follow other posters blindly - which you have admitted by stating you didn't read the announcement.
Now just to get my thoughts straight:
- You don't read the announcements
- You don't own the stock
- You don't post original arguments or ideas like other non-holders (I support open discussion from non-holders)
So what's your reason to continue posting?
- Forums
- ASX - By Stock
- LNR
- Ann: Trading Halt
Ann: Trading Halt, page-68
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LNR (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.330M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 6528282 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 35508560 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 5861616 | 0.003 |
36 | 27371685 | 0.002 |
16 | 72190999 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 35508560 | 27 |
0.005 | 19083988 | 20 |
0.006 | 19527589 | 17 |
0.007 | 10035802 | 12 |
0.008 | 28852250 | 7 |
Last trade - 16.28pm 09/08/2024 (20 minute delay) ? |
Featured News
LNR (ASX) Chart |
Day chart unavailable