LPD 0.00% 0.2¢ lepidico ltd

Lets say you dont hold PLP but are considering buying, you need...

  1. 443 Posts.
    Lets say you dont hold PLP but are considering buying, you need to take the following into consideration:

    for every 5 shares you buy on market, you will soon (assuming deal completions) have the ability to add another 3 shares for 1c each

    As an example is you bought 500,000 shares at 1.4 c today - cost $7000
    And took up the rights issue of 300,000 shares at 1c - cost $3000
    You would end up with 800,000 shares costing you $10,000 or 1.25c per share

    Fantastic deal imo
 
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