its just my concern and explanation as to why LIN is selling off more than expected despite RE bear market... if no CR was required. I posted earlier detailed maths on the sort of equity requirement they might have depending on capex, vredit offerings etc. I don't know anything for sure... so what is your explanation?
A$15m for final vendor payment, plus Mar Qtr spend leaves zero cash for Capex and wirking cap etc. How much fund do you believe they need to build and ramp up Stage 1 into first shipment sales revenue? Where do you think that funding is coming from?
Thanks in advance.
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $126.8M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 11.0¢ | $5.378K | 47.28K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 655952 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 282535 | 7 |
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| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| LIN (ASX) Chart |