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13:56
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Originally posted by JPjpJPjpJP:
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This is precisely why I’ve been suggesting that LVT should hurry up and raise. All companies would like to raise at a higher price, as opposed to a lower price. It reduces dilution for existing shareholders, of which LVTs founders and management are very notable. Cap raising after positive news and/or share price spikes is not unique to LVT. Therefore, regardless of the positive nature of the release, investors will be reluctant to buy due to the expectation of a near term raise. And who could blame them.
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i totally agree. they should get it over and done with as soon as possible and I expect they will. As for the other posted comments abour 'looking back' only a fool doesn't consider known management part behaviour as a guide to future behaviour. There is no better predictor.
