LIO 0.00% 2.1¢ lion energy limited

the nighmare is over, page-7

  1. 2,834 Posts.
    re: the nighmare is over - to ian Dunno.

    Really - I dont know.

    I wouldnt do it, and I think the company has enough cash it doesnt have to.

    They may be aiming either for a margin of safety, or to repay Mercorella for the loan he advanced last year.

    Although I have to wait patiently because I dont have cash until Merlin floats, I'm also personally inclined to buy at 0.4 rather than 0.5

    Ian Whitchurch
 
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