Latest LNG Limited News | Aussie Stock Forums

Not much to report at the moment, I just wanted to start a new thread on this forum as there doesn’t seem to be any recent news on LNG Limited.

LNGL’s liquidity is low. With average quarterly costs around $7 Million they will need to raise between $15 and $30 Million very soon. This will mean more dilution for long term share holders whose share valuation has reduced sharply since the appointment of Greg Vesey as CEO three and a half years ago. The last year alone shares have dropped around 59% since the company’s market projections and speculations have failed to materialise.

 

Hinterlasse jetzt einen Kommentar

Kommentar hinterlassen

E-Mail Adresse wird nicht veröffentlicht.


*