Ann: IBG Corporate Update March 2022, page-21

Yes unfortunately price looks destined for lower. Sitting at a key support level that imo will be fed until it breaks. Specs like these rely on newsflow. We will be lucky to hear anything by October imo so there is no reason to buy in the short-term. It's not a killer blow by any means but from the 8's to potential 2's in 3-4 months has not been a pleasant watch.

I said it a few months ago and still don't know how such a large strategic equity investment benefits LT shareholders the lower the SP goes. I still maintain this 100% becomes a mine at one stage but I do have less trust/faith about the terms and conditions it will be done under