LPD 16.7% 0.3¢ lepidico ltd

Well, as suspected.... As we approach 25/9 close date on EI,...

  1. R08
    7,766 Posts.
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    Well, as suspected....

    As we approach 25/9 close date on EI, sell down below issue price commences. Surprise, surprise. Have seen this numerous times before when CPS and Mr. Peterson are involved in the underwriting of an EI. They have $3,000,000 hedging on a no take up from holders on this and I am pretty sure they want to grab all of them, plus any more than can get their hands on via shortfall.

    Once they do...we should see some fun times ahead, generally do behind their backing.
    Last edited by R08: 13/09/18
 
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