LinQ also have full control of the board so very little independence there. Also would be interesting to to see or find out some of the fees that would have been paid to LinQ Corporaforever the past 12 months. I'm sure they (the fees) would be there for the rights issue. You're right they are not in the business to lose money so how that bodes for other shareholders will be interesting, a few conflicts of interest to say the least. LinQ 's CEO Clive Donner was in the papers previously on the various cross investments and holdings. LinQ also had a number of losses with investments in CopperCo and Matrix Metals (where various of his consultants were on the board) which tend not to have been picked up.
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