LRF linq resources fund
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The market's currently voting with their feet on this one....

  1. MJS
    2,293 Posts.
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    28/12/07
    10:22
    Post #: 3193551
    The market's currently voting with their feet on this one. Discount to NTA now blown well out to 25%.

    I think the approach taken sends a poor signal to the market: the business will accomodate annoying shareholders in a manner that benefits that shareholder in a manner not available to the smaller holders.

    Although I think LRF has been well managed, I am not impressed by this approach and have written to the board advising this.

    MJS
    LRF Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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