LNU 0.00% 0.2¢ linius technologies limited

Disagree. The capital raise at 0.003 was before the announcement...

  1. nr4
    106 Posts.
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    Disagree. The capital raise at 0.003 was before the announcement of their new deals and at a time where they were desperate for cash (had burnt through nearly all remaining cash). They are now in a much stronger financial position, with cash to go for another half-year and deals ticking over monthly.

    Linius has never had this bargaining power and any institutional investor would need to pay market price if not at a slight premium. It would also be incredible news for shareholders, as it would be further validation that LNU is onto something. Look at when 10cent acquired 5% of Afterpay, share price went up 30% on open.
 
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