Looks like LG's SP fell another 5% today. The last month's increase in SP seem to have been wiped out in 2 days. Pre-SBL holders must atill be selling LG's shares.
True that LG can be a great investment to hold, consolidating cash-struggling junior gold miners around the globe into the one. However, they must be more careful in their TO plans and targets, like with SBL in which they failed to fully acquire and hence defeating their company's investment prospectus. Outcome for SBL of this failed TO however is positve, including a change in management and having access to a cheap source of cash injection.
SBL Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held
