"won’t risk dilution in Lepidico"
But will be diluted with all the extra LIT shares that would need to be issued...
Also,
Does this mean that LIT will be participating in the entitlement to such that their LPD position is not diluted? I would not have thought so.
So with these two points:
1. People who take up the offer will be diluted in LIT with the issue of 33% more of the existing LIT shares (at a discount to the existing share price mind you)
2. LIT's LPD holding will be diluted by not participating in the entitlement.
Sounds like a loose loose to those who turn to the dark side.
"won’t risk dilution in Lepidico" But will be diluted with all...
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $25.76M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $7.468K | 3.561M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 168 | 195684971 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 118281350 | 55 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LPD (ASX) Chart |