80 odd percent is pretty impressive. I knew the major shareholders had tons of stock tied up but I was unaware that it was that high.
I suppose that is one of the reasons the SP is getting smashed down, but that volatility can work both ways too.
If I were LF, my mission since getting the top job would have been hunting down the most impressive numbers I could find for the forthcoming AGM.
He is going to look pretty silly if there is no story to tell. Indeed why would he even take on the job if there was any doubt about the quality of the asset? No-one put a gun to his head.
I agree Rebel1, it could be an interesting few weeks. If LF can reach past the jaded (burnt) shareholders and ex-shareholders to a wider audience we could see real change. As always the best way to do that is with great numbers.
Give us some sugar Mr Freedman.
CRK Price at posting:
48.8¢ Sentiment: LT Buy Disclosure: Held
