LRF linq resources fund
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share buyback, page-2

  1. boxhillnorth
    1,592 Posts.
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    24/11/08
    14:51
    Post #: 4532269
    Unfortunately they are short of cash. Bought out hedge funds at $1.40~ and didn't sell underlying shares quickly enough.

    They also have to fund the people bailing out under the 10% off market buyback at 55c~.
    LRF Price at posting: 34.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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