no one has mentioned the apparent difference between the l d a...

no one has mentioned the apparent difference between the l d a modus operandi described by the financial review and the process described in the classic announcements, is the classic deal different, i would be cautious in jumping to conclusions when they classic say they will be payimg $25,000 lawyers fees, they could either have a variation on the standard l d a capital deal, or they are not giving complete information.

wouldn't the shareholders be entitled to know how many new shares are comng on to the market and precisely when, because that would influence their own trading decisions. and knowing that they were competing with the new holder to sell, they would likely get in early and dump their own shares.

it seems to me the l d a model relys on rank and file investors not knowing the details.
maybe as part of the deal l d a provide "advice" on the level of disclosure in standard asx announcements.
again not saying the classic deal follows a standard l d a model just a general observation.