As many on here have directly quoted from, clear guidance on many occasions has stated that it is very unlikely that there will be a dilutionary raise in 2024.
However, I wonder if loyal, 'ordinary' shareholders are about to be shafted again?
There would seem to be some unusual selling indicating a coming raise (with the most likely suspects being the insiders club of a demonstrably leaky ship).
Other key indicators are the CEO now suddenly increasing the number and scope of interviews and presentations which is generating some new buying for the insiders to sell in to (and of course, the mgmt stooges on here trying to firmly and repeatedly dismiss any possibility of an on-market raise, whilst they would be in all likelihood selling too).
If there is a dilutionary raise, current activity provides yet more evidence of an ongoing conspiracy and points to the BOD being misleading and deceptive/not acting in good faith.
I certainly hope that the mgmt/BOD might finally do the right thing but if not?
This is likely to be the tipping point for shareholder action and I know there has already been some discussion with the ASX (who "may or may not already have Lindian on a watch list")?
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $132.5M |
Open | High | Low | Value | Volume |
11.0¢ | 11.5¢ | 11.0¢ | $17.63K | 159.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 577695 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 87244 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 577695 | 0.110 |
12 | 761346 | 0.105 |
12 | 837311 | 0.100 |
1 | 50000 | 0.098 |
1 | 10988 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 87244 | 6 |
0.120 | 296218 | 7 |
0.125 | 151374 | 4 |
0.130 | 500000 | 1 |
0.135 | 81982 | 5 |
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