LRF linq resources fund

below issue price in feb 2005, page-2

  1. 1,592 Posts.
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    probably will go lower as sentiment is so bad. however i had to buy some at 95c.

    not good that on back of envelope calcs they are down $50m on the 2 hedge fund purchases (80m~ shares X (1.57 - current price 96c).

    May be a few years before they could off load at a profit.

    Unlisted options and LRF2 holding the shares is making the company more complicated which will also put off some investors.

    Let's hope for a surge in the 5/6 key stocks so they can off load some and get some cash back for on market buybacks
 
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Currently unlisted public company.

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