NRZ 0.00% 0.4¢ neurizer ltd

Is lck getting t.o from China?

  1. 7,433 Posts.
    lightbulb Created with Sketch. 532
    So the latest news about Tony sending out a email to holders about a hong Kong link then he couldn't confirm it?

    now the latest annoucmnet and more news about China.
    The loan they got for 3m from a director (Chinese?) that the loan lasted for 8 weeks n had a interests of 2.5m?
    Pay him back 5.5m ??

    Now the big news that 60m shares will be out to who? Most likely the Chinese will snap them up and vote for a t.o via a Chinese company? What price? Who knows.

    but another note. How the heck are they burning through 2.35m when pcd finish ages ago and cost was finish last qauter?

    ASX notes that LCK has reported:• negative net operating cash flows for the quarter of $2,354,000;• cash at the end of the quarter of $3,737,000; and• estimated cash outflows for the next quarter of $2,235,000.


    another note. Why are they giving at 60m at an discounted price? I'm not sure they be available for share holders just the top 20 or top 10.

    maybe that's why somone transfer 16m share to an friend to get them in the top 10 to get those 60m shares?

    also being in the top 20 or 10 they can vote for a t.o


    Might be wrong. I hope I'm wrong.
 
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