LNR 16.7% 0.4¢ lanthanein resources ltd

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  1. UFX
    1,138 Posts.
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    Yippee,

    Party hat time! We are up 19.23% today. Well, maybe not party time yet because we are still at 3.1c and because it was on pitifully low volume. The positives to take home I suppose is a bigger than usual buyer hopefully putting a stop to our decline.

    Another couple of weeks of good markets and speculators will be in thinking that perhaps FNT has bottomed out and movement will perhaps be upwards.

    This type of week can't be too bad for an IPO either. Not sure how many FNT holders have done much more than topped up to get the minimun 10,000 shares but newbies and investors throwing money at Pattersons may be in for small parcels. I think we need another $1m to get over the line. I hope they are entering in droves. I had a long chat with a Patterson broker selling Torque last week. My gut says we will probably not get over the line, but I've been wrong many times.
 
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