That does not matter to the mum and dads that accepted it. QGL made it clear you can still withdraw with written notice in next the month. What will happen is that QGL will make it unconditional in 1 months' time and then keep all the shares they got in LML if you don't withdraw. I would say a number of LML shares are tied up with QGL at the moment (NOT MAJOR SHAREHOLDERS) which would explain the difference in price between the two heads LML and LMLND. So, no reason to own LML (head) and better to own LMLND (head) with selling pressure that will arrive if 1/ LML shareholders that accepted the offer withdraw and then decide to sell LML (head) 2/ Will most likely trade back to LMLND )head) as we get closer to expiry date of QGL offer which is a month away but I expect it to run another 2 months. Good Luck and DYOR
LML Price at posting:
6.5¢ Sentiment: Hold Disclosure: Held
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