LPD 0.00% 0.3¢ lepidico ltd

Ann: Non-renounceable rights issue-PLP.AX, page-35

  1. 3,520 Posts.
    lightbulb Created with Sketch. 495
    More LULZ. Keep them coming.

    Your post doesn't just disregard the ceteris paribus consequence of dilution, it actually says the opposite will occur. By your logic, if they were doing a 100000-for-1 raising, people would be paying zillions to get shares now. Newsflash - it doesn't work that way. If you think that me pointing out that immutable, basic fact is downramping, you're the funniest person on this forum by a large margin, and I would kindly request that you post comments more often. Good comedy can be hard to find.
 
watchlist Created with Sketch. Add LPD (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.