Ann: Trading Halt, page-40

thx Cherry 4 ur reply.... they say they are doing a CR but we don't know yet what for?
Some say @ 28c to pay down debt ... it could very well be that reason cause they just relinquished control of their JV with AYR 51% but still retain a good foothold for the future at 49%.
I think, considering previous comments, LJ is being very cautious to conserve cash, so IMHO it will be to pay down debt.
You might be able to re-buy in at 28c??...never know....good luck!