investing in lhg, page-9

LHG still has an upside. I agree, given the current climate and situation with the capital raising, it would seem a little hard to just go up to 3.60 for no good reason.

However, post capital raising and restructuring of hedge funds and debt etc, and if the price of gold continues as it appears to be (very close to 700 now), then we would either see much more institutional interest in LHG, especially on the side of a take over.

If you are in for a good ride, I'd suggest taking the rights issue at 2.30, and then just buying more and more in the short term. There is no way that the stock will go DOWN after the initial fall.