Day Trading 13 Sept Pre Market, page-13

Linius (LNU) still in a symmetrical technical breakout despite the hiccup on the wider Australian/ (world) markets yesterday. LNU should move up quickly from it's current 0.078c today after recovering from wider macro selloffs.

Linius is also currently attending a big IBC2016 media conference where it is showcasing the Beta version of its technology. LNU expects to get strong positive media feedback from the media/communications industry at the IBC2016 conference in Amsterdam.

Accordingly Linius is looking to make a market announcement post IBC2016 (the conference finishes today) relating to its conference success.

IMO The preceding facts should assist LNU's SP to clearly break out of the 0.008c area.  



Letter I received from Linius below:

Hi *****,

Yes, I would anticipate a Linius update to the ASX after IBC finishes. It’s too early to tell whether or not such a announcement would be price sensitive. The team are confident that the technology will be received well at the show.

Regards, Tim


Tim Dohrmann
Senior Account Manager