It's not the first time Lindsay has shown little regard for ALL shareholders.
The raise at 7c with free options already at the same price was allegedly because of the desperate situation we found ourselves in, some even said through no fault of the company.
Now, most shareholders will find themselves diluted again with free options that will no doubt weigh on the price moving forward. I don't see how the options are necessary. If they aren't interested at the discounted price of 7c, then we can offer it elsewhere.
Lindsay keeps using the green ammonia project as an excuse to dilute shareholders. Focus on the phosphate fertilizer plant completion and then worry about diluting shareholders for advancing the green ammonia.
Whilst it's not a huge rage, most likely looking after mates. I'm very disappointed.
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MNB
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3.7¢

Ann: Trading Halt, page-26
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Last
3.7¢ |
Change
-0.003(7.50%) |
Mkt cap ! $36.07M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 3.7¢ | $60.88K | 1.586M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 83559 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 83559 | 0.037 |
3 | 533360 | 0.036 |
5 | 627828 | 0.035 |
1 | 300000 | 0.034 |
1 | 1 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 25000 | 1 |
0.041 | 25000 | 1 |
0.042 | 150000 | 2 |
0.044 | 46000 | 1 |
0.045 | 118300 | 2 |
Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
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MNB (ASX) Chart |