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Latest LNG Limited News

Discussion in 'Stocks I-P' started by MoneyBags1348, Dec 2, 2019.

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  1. MoneyBags1348

    MoneyBags1348

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    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.
     
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