Thanks for the insight. I think to best summarise my thoughts; LIN represents a highly unusual situation wherein, through a mixture of good judgement and amazing luck, the company picked up (without realising it at the time) a huge, Tier One asset which represents a genuinely "once in a generation" discovery!
Quite extraordinary really!
That's the good part. The questionable part is whether management, who are probably used to playing the ASX small cap games that you refer to Ryan, can now adapt to trying to at least look like respectable Tier One management?
My concern is that based on recent evidence of all the probable leaks just before each announcement which resulted in significant prior buying then announcement dumping (for a quick and dirty profit), management don't seem to be on the same page?
The stakes seem very large here in getting it right?
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Mkt cap ! $121.0M |
Open | High | Low | Value | Volume |
11.0¢ | 11.0¢ | 10.3¢ | $73.51K | 700.4K |
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No. | Vol. | Price($) |
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15 | 813056 | 10.0¢ |
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1 | 10000 | 0.099 |
2 | 297000 | 0.098 |
1 | 6000 | 0.097 |
3 | 301000 | 0.096 |
Price($) | Vol. | No. |
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