Yeah, if by some miracle this does relist, I think many might share your sentiment. I suspect many shareholders have now realised just how close they came to losing the lot, have lost faith & they may look to exit on a relist.
I expect massive volume, heaps of people exiting & many looking to get in on the ground floor. They would be the next round of willing participants on this roulette wheel called the ASX.
Not a peep here since December 2024, they're waiting for something. I literally seen other companies enter VA & come to a conclusion within the same periods these guys have been suspended from quotation without a word.
I suspect it's the May arbitration meeting. If LPD wins, it means they can claim back all the legal expenses. Perhaps compensation for false claim or damages? I don't know! Then there's the legal expenses from the Namibian court that also ruled in favour of LPD. In total, that's probably a few hundred thousand to a million dollars in their pocket, just a guess, I don't know. Plus, any asset sales. Plus, any more money raised from all the die hard sycophants that worship the ground Joe walks on.
LEPIDICO LTD (ASX:LPD) - Administrators Report, 78098616, page-6 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
Small chance of relisting with a shell of a company & Joe has to go.
If LPD loses in arbitration? I think it's all over Red Rover.
Good luck to all holders.
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Yeah, if by some miracle this does relist, I think many might...
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