takeover possibilities, page-4

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I was one of the virgin Aussie investors when Reochem (as LHD used to be called ) first listed on the ASX.

My entry price then was the listed issue price and from memory it was 35c. Can't remember exactly but it was touted as a bargain back then and as it slipped, I averaged down.

At 10c I'm still a mile out of the money.


As I'm one of only about 4 or 5 posters here over the years, I am very interested when anyone new bobs up.

Are you from Australia and when did you buy in?

And probably the biggest question is: How did you hear about LHD as it virtually never trades?

Your valuations are interesting but after my conversation with Peter Youd the other day, he was saying 25c was more than achievable.

Either way for the life of me, I can't work out why anyone with even a thousand bucks to spare is not all over this like a blanket. Looks like free money to me.