LRF 0.00% 71.5¢ linq resources fund

The oppies are getting into the price level where it is not...

  1. 38 Posts.
    The oppies are getting into the price level where it is not worth the bother to exercise them.

    I think the LRF buyback strategy needs some modification.

    Since there is selling pressure on the shares anyway with the options at a discount, it would be far better for LRF to quickly push the battle line a bit higher in the price range. Say around 1.10 or so.

    The underlying value of $1.26 fully diluted should justify this anyway.

    Perhaps they plan to do this closer to the 12 January.
 
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