LHD 0.00% 7.6¢ lochard energy group plc

possible takeover, page-23

  1. 19,172 Posts.
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    Mackec.

    If what you say is true, why wouldn't management pursue a cap raising or SPP to raise the dough. After all, its not like its a squillion bucks or anything.

    And on top of that, why would HG come out and say we've been approached by a company regarding a possible takeover. Since its a market sensitive time, he obviously can't sell his shares so rule out a pump and dump.

    It all seems a bit strange to me and this negative flurry all at the time when the Dow has dropped 500 points in the last two days.

    I know our LHD community is small, but I would very much appreciate further discussion on this.
 
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