Nobody in their right mind would get involved with LG and this is evidence of why, as if the shonking offshore dealings 2 weeks prior to the LG offer wasn't enough.
Time for ASIC to step in and ask the directors why they accepted an offer below the companies worth after telling all and sundry how good SBL was going.
Someone, somewhere is telling rather large porkies!
Accepting the LG offer would be like setting fire to your cash.
They wait until Feb to say this? They would have known months ago they were up the creek.
SBL Price at posting:
1.6¢ Sentiment: None Disclosure: Not Held