TIH 0.00% 0.0¢ tillegrah limited

Ann: Appendix 3B-LWP.AX, page-14

  1. 2,179 Posts.
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    I have to regard the payment of consultants and others in shares as suspicious

    Assuming  these consultants  can do basic maths and think the shares worthwhile, why would they accept payment @ .5c when they could take real money and buy @.3c or .4c. There are plenty available

    As a beneficial side effect it would create some demand in a flaccid market, yet LWP persistently repeats this strategy

    Since shares are being  used in lieu of cash, share holders should have knowledge of the transactions. How else can a judgement be made on managements fiscal responsibility.

    If consultants have special knowledge that makes it sensible to take overpriced shares. Wouldn't that be a form of insider trading ?

    Perhaps it about creating the illusion the shares have more value than market price. I note the share start and closing auction is carefully managed to achieve an above market result( VWAP ) Here on Fridays close 1000 shares pushed the close up, while the 299000 cancelled out
    LWP sp manipulation.PNG
 
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