It was tied up in the assets of another spec company which was delisted and I’m not sure if you’re aware of what happens to the remaining assets in a shell company. Would probably be decent money to be made if you only had a low net worth and were not a high net worth client of a top 4 firm to approach INYATI to participate in there underwriting book. Someone here said he drives a front end loader and was able to gain access to the issue price and conditions. I guess it’s different in this end of the market as generally the large financial institutions prefer clients who understand and respect the confidentiality agreements between brokers and clients and prefer the terms of the raising to be released in the form of an ASX announcement rather than a random internet stock forum.
LNR Price at posting:
0.6¢ Sentiment: None Disclosure: Held
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