LIN
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9.52% 11.5¢ lindian resources limited

Third Tranche, page-42

  1. nippy
    10,947 Posts.
    lightbulb Created with Sketch. 684
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    12/07/23
    09:52
    Post #: 68742382
    Raise needed yes.
    That size discount to such a world class asset - definite no.

    Could have done the MRE then raised the same money for many less shares.

    Dilution always happens - the unnecessary degree of which is the issue.

    Having said that we don't know what pressures were brought to bear within the 'chairman's list'.
    LIN Price at posting: 41.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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