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28/01/23
19:54
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Originally posted by $$$$$$$$:
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I told you once already don't EVER give me financial advice. I do not and will not buy stocks that are pumped on no merit. Or stocks that seem very likely to delist. And will never be part of CR pumps for exit. So No it did not catch me out, As I would never trade a stock like this, And have made that clear enough that even you should be able to understand. You actually admit to pumping a stock and selling into it, Misleading and trapping those who listened to you. People have literally paid over 10X what most people payed for their shares of LML, That's just crazy. Why are you Ramping it so much? Is it possible you held some of those cheap shares? Who knows but LML shares were just 0.008 before suspension, So why did people pay over 10x that? It seems illogical? It is an organized pump? Who knows but it looks odd. Perhaps ASIC should look into who is buying and who is selling, And perhaps who the Cheersquad is also, And what their motives are.... Who knows for sure, But to pay 10x what people just paid means people are getting ripped off. Someone will be making a fortune selling at 10bags when absolutely nothing has been done to warrant that. Their is absolutely no genuine reason for it to have gone up so much withing a few days of relisting after a 2 year an ASX suspension, Due to it not even doing enough to be listed. Lets face it most people would sell their stock if it went up 10x what it was on relisting, So there will likely be a lot of people taking profit. $57M MC is a lot for a Co. where a drill bit hasn't even hit the ground yet !!!! As warned a huge chunk of the money from the recent raize at 0.006 has already been spent, Without a drill bit even hitting the ground. Not to mention 2 years of directors wages could well eat up most of the rest of the funds. It looks a bit odd that they did nothing for 2 years, But really did not want to accept a takeover offer, And seem to do everything possible to avoid it, Even though they had no funds, And were literally suspended for 2 years for not doing enough. Tuesday, 29 November 2022 Lincoln Minerals Limited 02 & 03 "– Panel Declines to Make a Declaration The Panel has declined to make a declaration of unacceptable circumstances in response to applications dated 27 October 2022 and 31 October 2022 from Olary Holdings Limited and Quantum Graphite Limited (respectively) in relation to the affairs of Lincoln Minerals Limited (Lincoln) Who had to consider if the Rights Issue is necessary to avoid a materially adverse financial consequence, which mitigated against the Rights Issue being unacceptable on the grounds that it is a frustrating action." Anyhow stop giving Financial advice.... I have made it clear. ALL IMO, DYOR Not financial Advice Etc.
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An interesting number of threads called "Wooooo Hooooo Go "insert code" $$$$$$" All with similarly shite prospects. All with the Usual Suspects posting.
Last edited by
meio :
28/01/23