Pure speculation here but I wonder if the price weakness over the last two days is a result of the something not yet mentioned on here. Many of the directors and major shareholders of Longtable Group are also heavily involved in Tasfoods (ASX:TFL). TFL as of yesterday morning (19 Dec) has been in a trading halt pending an annoucement about a capital raising. It might be possible that there is therefore a small amount of repositioning going on here so that those involved have funds available for the impending TFL capital raising as well? It may just be a coindence that these two events seem to have correlated perfectly.
LON Price at posting:
4.6¢ Sentiment: None Disclosure: Not Held
