LDX lumos diagnostics holdings limited
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It is the stock overhang that will be holding the share price...

  1. Surandy70
    12,135 Posts.
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    03/10/24
    15:32
    Post #: 75964445
    It is the stock overhang that will be holding the share price down.

    With the share price having been below the CR price for the entire offer period will mean that the underwriter is going to have around $6m of stock waiting to be dumped. Plus the uncertainty of whether LDX will place the other $1m of non-underwritten stock within the next three months.
    LDX Price at posting: 4.1¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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2.9¢ 		Change
0.000(0.00%) 		Mkt cap ! $21.70M
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