LRF 0.00% 71.5¢ linq resources fund

below issue price in feb 2005, page-9

  1. 686 Posts.
    lightbulb Created with Sketch. 13
    But LRF has stopped buying on market, presumably a major reason why it has fallen so much. What choice did they have, after paying >$1.50/share for a select 1/3 of the company and now being forced to borrow money from the bank?
    Also, read today's (Tuesday's) announcement-they flag the distinct possibility for a reduced return, so 10% might be a bit optimistic. Let's wait and see.
 
watchlist Created with Sketch. Add LRF (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.