Hi Gassed Thanks. What more can I say . Another opportunity to...

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towie

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20/02/19

17:30

Post #: 37504715
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Originally posted by gassed ↑

Originally posted by towie
Hi whoever it was is not much of a Punter Pulling his bet off when the horse is nearly 3quarters of the way to the finishing post . Cheers Towie
Towie. Look at what you said there!!
Now, you know this company and forum as well as anybody, do you really think that this selling has ANYTHING to do with the company or what it is SOON going to DO?
Take a look at today's trades on Commsec. which currently stand at 19.5 million from 35 trades. 1 of 7 million; 1 of 6 million; 1 of 3 million and 2 of 1 million. So, just 5 trades have sold 18 million and the other 1.5 million have come from 30 trades!!
What do you think that tells us? Right. We don't have to think too hard to guess where those 5 sales came from do we?
IMO, logic says that those 18 million that have been sold have come from two sources, the Dec and 8 Feb CRs @ .003!!!!
IMO, this has absolutely nothing to do with what real LNY investors are holding for and nothing to do with real LNY investors.
Like nearly every CR to SIs that I have seen, VERY many, I'd guess from memory, that every CR was followed by a pump, this time the ML, and dump by the very happy to get out SIs!!!
My only consolation out of all of this is that with Agate Creek commencing to produce a long cash flow, this last CR is probably going to be the last and they might wanted to give the (VERY supportive over the years) SIs a last hurrah.

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Hi Gassed Thanks. What more can I say . Another opportunity to top up with these Cheapies. Maybe time to find out who are holders of a large chunk of this company and we all get together to PROTECT OUR INVESTMENT It has been done before . Thinking Out Loud after a few reds Cheers

LNY Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
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Hi Gassed Thanks. What more can I say . Another opportunity to...

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