LVTManagement has poorly communicated their business case and...

LVTManagement has poorly communicated their business case and their justificationto shareholders (especially retail shareholders).

There is noscenario where this move benefits small holders. Retail holders do not qualifyfor the primary markets thing.

Could thisbe a deliberate action by management / large shareholders to vacuum up discountshares by way of retail panic selling? This benefits them whether or not theplan passes.

They needto secure 75% approval, which should be quite difficult to attain if a lot ofsmall holders vote against (assuming they do vote and haven’t given away theirshares for pennies on the dollar)

I’m holdingmy small parcel at an 85% loss so I can vote down. If it doesn’t work out, theholding can burden their share registry indefinitely.

Gut feelingis this won’t get up and hopefully next step is a board spill.