Now we know why LST's price has gone up 15% in the past 10 days. I'm sure the ASX is onto this with prosecutions pending - LOL
With the announcements today I calculate if the deals happened this would increase LST's NTA to just under $400 pre CGT. This is a $50M + increase on the January quarterly report and equivalent to an increase in NTA per share of 26c.
IMO this means LST should trade in the 190c range when the trading halt is lifted what with all the cash LST would be swimmimg in.
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takeovers everywhere
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