Thats exactly what i asked before - how is it legal to affect business operation and investment? There must be some sort of clause that nullifies it on such ground. For example - it affects the entire market not just LPD. They can no longer do business with LPD and have to incur greater costs elsewhere (etc).
Yes, the pig knows the TO will fail but he cant lose face anymore he will keep going as long as he legally can - thats why the only way to stop this is through some sort of clause that makes it void.
Unfortunately the 340k i think is the booklets - and nothing moreoh well they have millions now from CR.
Perhaps we should gather as information as investors from legal perspective and send it to the company to void the TO - anyone with legal background?
Ann: Entitlement Offer Closes, page-19
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $19 | 9.56K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 89 | 89268820 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 67191239 | 55 |
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| Last trade - 10.04am 01/11/2024 (20 minute delay) ? |
| LPD (ASX) Chart |