Taking it private will not stop the D+O suit and if it did happen, ASIC might seek wider orders.
Anyway - I saw the price action today and can only say - GSW has hit that pesky 50c reef again.
I'll have a guess that anyone wanting to hold LT could sell out now and buy back in at a better price. It's had such a hard run that I think its bound to fall back a bit, even if the new blood is still buying (they can only buy so much before they'll be required to make a TO).
That said, I am glad to see the price up for those still holding - and I'd love to see the company prosper LT. It's just not one for me. I've banked my coin and I'm not going back into the lion's den to get my hat. Just could not resist calling the reef one last time.
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Taking it private will not stop the D+O suit and if it did...
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