LSA 0.00% 4.8¢ lachlan star limited

Ann: Lachlan Star moves to 75% interest in the Koojan Project, page-34

  1. 827 Posts.
    lightbulb Created with Sketch. 355
    Charlie, you'd be silly to sell out of LSA imo.

    There won't be much news flow here until the demerger of MI6/LTR is completed because there isn't much point advancing their projects until the value can be fully appreciated by the respective company that holds that project.

    LTR is likely on the run due to people building a bigger holdings for the demerger distribution cut off date and there is likely a big player coming onboard in regards to KV before the DFS is completed meaning they get a bonus holding in a company that's run by an excellent management team.

    I am standing by the theory that LSA will be bought out by MI6 eventually, and it's just a matter of being patient.

    ***All IMO of course***
 
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