Good on you Chris66. They have totally abused the loyalty of their long suffering and faithful shareholders and it's not difficult to see why people can't take that any longer especially with those continual insulting QRs.
I'm trying to do a calculation as to what can be expected SP wise. Will there be much of a spike if they get the TO agreement, then the ML? And what will their NETT cash flow be once they get it running?
With over 3 billion shares on issue, and undoubtedly many more to come, you wouldn't imagine the SP going too far over the top. But, while SB dictates the terms and has that monkey grip on all involved, why continue to put up with him?
IMO, very likely buying back opportunities at these levels when.if those vital anns do eventually come through. Best of luck.
LNY Price at posting:
0.3¢ Sentiment: None Disclosure: Held
