LNY 0.00% 0.6¢ laneway resources ltd

You're dead right Tomato69.  There is NO way those 4,000...

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  1. 13,065 Posts.
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    You're dead right Tomato69.  There is NO way those 4,000 shareholders will ever see 15 cents, or anything like it.
    And if they haven't accumulated since, they've literally lost nearly every cent that they put into RSN/LNY. Great isn't it? And how has the company treated them since?  Maybe too embarrassed to?? And I can't see Bizzell ever selling any shares even if they got to 2 cents. 

    IMO, those who took the CNs insisted on them as they are sick of continually loading up with dud shares. They even paid a premium of 66.66%!!!

    But, even with around 4 billion shares on issue, or approved to be issued, .004 only gives them a MC of $16 million.  Get Agate Creek going and there could be a couple of multiples of that, starting from the ML ann. I really can't see this as a time to sell 8 million.  But, who knows what happened on Friday??

     
 
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