LPD 25.0% 0.3¢ lepidico ltd

I agree with you but I think the horror of it all has already...

  1. 1,072 Posts.
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    I agree with you but I think the horror of it all has already been priced in. Come on people were purchasing at 1.4cents for gods sake when they could have just bought into the CR at 1.3 - On top of that was the option to buy rights and people were still buying up to 1.5 this entire CR did not make any sense at all. The sell off from April 8th was the "price in event" and the SP is back to 1.5 exactly where it was on the announcement of the CR. I think the bad news (dilution) in this case will be overlooked. The final nail in the coffin was delivered and the SP held incredibly well so I think this extra 2.9 million is actually going to be looked upon favourable especially with the future looking astronomically bright in contrast.
 
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