It looks like the London market has woken up to the profit that's up for grabs, it will be interesting to see what happens on the ASX. ___________________________________________________________
Mackec,
Thanks for the welcome and your comments.
It's cold comfort for longer term holders but I'd be delighted with 12p(18.5c) as it would be about a 80% return on the current price. My guesstimate is that any offer will be in the 8p (12c) to 11p (17c) range.
For longer term holders it's a difficult choice of whether to average down and reduce losses, maybe make a profit or just to keep holding. I don't envy that position.
Good Luck Auto
LHD Price at posting:
10.0¢ Sentiment: None Disclosure: Held