LMG 2.70% 3.6¢ latrobe magnesium limited

Ann: Change in substantial holding, page-3

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    Did they really have a choice, it would not have been a good look if they didn't participate. It was the most dissasterous public underwritten capital raise I have ever seen. Less than 10% of the public offer were subscibed and the underwriter had to pick ip 90.5%
    I wonder if we will find an underwriter for the next one?

    When I saw "Cleansing Statement" , I was hoping it was a cleansing of the Board.
 
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