LDX lumos diagnostics holdings limited
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Share Purchase Plan closes on 27 July.It wouldn't surprise me if...

  1. Istina
    1,067 Posts.
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    14/07/23
    15:06
    Post #: 68792645
    Share Purchase Plan closes on 27 July.

    It wouldn't surprise me if the original institutional placement buys more on market to get more shares under 7c and protect their investment.

    It would be in the company's best interest also to keep the price around 7c or above to ensure the SPP goes through.

    If it starts getting close to the SPP close date I would expect a little announcement to ensure people understood the potential value of the company and a strong oversubscribed placement.

    Ahh the waiting games.
    LDX Price at posting: 6.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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