Broker Data/Charts - ICI, page-50

1. Have heard this BS as an excuse so many times it's not funny, and rarely pans out as portrayed.
2. If ICI had managed their funds adequately, ie not buying back shares at a price well north of where we are now, then there would be zero need for any capital raising. Likewise, if the had sold any product instead of fluffing around then they would have more revenue coming in.
3. A partial listing of LSS would result in increased work to manage a separately listed company if they still retained control, ie having another jurisdiction to worry about when it comes to reporting and other requirements.
4. If they want publicity associated with LSS then do as @colgm suggested and rebrand ICI as LSS. LSS has been pulling in major WFH contracts so it has ample profile to continue in that vein of work.