LBT 3.45% 1.4¢ lbt innovations limited

Ann: Notice of Extraordinary General Meeting/Proxy Form, page-33

  1. 328 Posts.
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    I can't help remembering that the presentations prior to the FDA ann all indicated a LOI in 2016 , no change to that until they had sold their shares , then they released a presentation that pulled LOI out of the timeline . Naturally shareprice collapsed with that little trick , allowing them to set up cheap CR with free options . Really , seems pretty transparent to me . The so called SIs will obviously dump shares , they always do...and the idea that somehow they will support the business more than retail sh is completely contrary to reality. Funny thing is Ive seen a very similar situation with ...BLT , just after the big spike a couple of years ago , eventually there everyone got shafted , including SIs[brokers of course would have filled their pockets] . The whole thing's[ie brokers, CRs directors fees and free options]a gigantic on going fraud . Glad I at least sold half on the spike , but was stupid not to have dumped them all . Australian listed company capital management really is a cesspit , mostly I invest in US now .
 
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