I agree there is a lot of potential in a rerate of LNU if the...

I agree there is a lot of potential in a rerate of LNU if the management team and new board members can drive revenue in sports and security and turn this in to profit in a reasonable time frame.

Demetriou has the contacts to open doors in sport so that could be positive , however the short term challenge for investors is the number of shares on issue.

6 billion shares at 1/10 of a cent for a market cap of $6m makes it hard to buy or sell with confidence as the most the shares can move in price is 1/10 of a cent , so you have the problem that you need the market cap to double to get a profit from 1/10 of a cent to 2/10 of a cent and if you do get this are likely to sell your stock for a 100% gain and move on.

Surely a 50 for 1 reconstruct to reduce the number of shares to 120m on issue from 6 billion with the same market cap at 5 cent share equivalent share price allows for the market cap to rise or fall in 2% price movements makes more sense for those wishing to back the new team and buy for the longer term