LML 0.00% 0.8¢ lincoln minerals limited

Lincoln Minerals LimitedThe announcement on market states,...

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    Lincoln Minerals Limited

    The announcement on market states, holders of both codes is as follows in the Company.

    1. LML - Top 20 holders of ORDINARY FULLY PAID SHARES - 76.39% - (QGL - 1.77%)
    2. LMLND - Top 20 holders of NEW ORDINARY FULLY PAID - 91.51 - (QGL - 0.00%)

    Looking at this, QUANTUM GRAPHITE LIMITED will seriously have to consider a much better offer.

    Watching how this plays out for investors, especially when they start drilling and attracting attention will make QGL nervous...

    Sam Barden, Managing Director & CEO, whom is a pretty clever guy, has stated the offer is way to low for his shareholders. Sam will do the right thing by his shareholders in my opinion. Good luck investors!

    Have a nice day! smile.png

    NOTE: If you read the quarterly that has been released this afternoon carefully from Sam, the writing is on the wall for holders what will be happening with the Company now

    https://hotcopper.com.au/data/attachments/5020/5020496-1c749765c6d200a8de6a930a5c2d7315.jpg

    You might even get another interested party start sniffing around for your shares or even fly under the radar and start buying on market LMLND.

    https://hotcopper.com.au/data/attachments/5020/5020500-9016b26f0b4f7f20774a2f0c2d19fc7f.jpg

    Have a nice day! smile.png
 
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