Apart from a buy-in it may depend on the steepness of the J curve.
825 million shares equal about 15% of the float, possible Board representation request.
Last CR saw 300 million issued for $600,000
270 million issued due 24/4/24 to single buyer, 30 mil directors. (probably GB)
75 million issue due 22/4/24.
275 million required for 5% ownership (substantial owner)
Our largest shareholder is our Chairman GB, who holds 189 mil and has increased 35% when other top 20% have not increased at all.
Cheers
Apart from a buy-in it may depend on the steepness of the J...
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Mkt cap ! $11.09M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $21.27K | 10.67M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1840725 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 110962722 | 28 |
View Market Depth
| Last trade - 15.34pm 08/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.2¢ | 0.2¢ | 0.2¢ | 175438 | ||
| Last updated 11.48am 08/05/2024 ? | |||||
| LNU (ASX) Chart |