LCG 0.00% 6.0¢ living cities development group limited

Ann: Prospectus Lodged , page-3

  1. 2,892 Posts.
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    The board expects holders to put more money into option exercisable at very high $0.25 to pay down debt. Who will do that after holders sp crushed into pieces? I sold out earlier. How many years took fwl to find TFA and how long it took for Chinese government to approval? Do you think Chinese government will approval another investment in fwl knowing TFA and sin-tang just crushed, previous group also walked away before gfc. Now we know no DSO and everyone knows about CITIC $8 billion cost overrun. The board must have realistic view and lower exerciable price of new options. Besides you can buy shares under 3c why pay 1c for options that have expiry date and more high exerciable price. Just IMHO
 
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