LPD 0.00% 0.3¢ lepidico ltd

Ann: Entitlement Offer closes Oversubscribed, page-22

  1. 2,016 Posts.
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    The devil is in the detail:

    'The Company would like to thank all its shareholders for their ongoing support during these challenging times'

    Challenging? Makes one wonder what's really happening behind closed doors and why the money grab/massive dilution prior to expected news?

    They said the capital portion of funding was unlikely to be issued less than 2.8c. 1.3c with freebies is a far cry from that figure.

    Something stinks.
 
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