Ann: Recommended Takeover Offer for LNGL, page-290

Yes Fox it’s pretty clear that none of the team at LNGL wish to have their actions questioned or face any of the holders anger for what has happened. That’s pretty cowardly. Happy to take the salary but not the heat. I suppose nobody wants to be yelled at or answer awkward questions.

it appears the run up in the sp to 15.5c was partly speculators expecting the sp to rise to say 18c and now selling out at a loss making 14c yet another group being burned by LNGL.

i still expect the sp to rise to my previously predicted 16c level within a few days as we exit speculators. Also holders who do not want to be let down again by LNGL if the TO falls through.

I still believe that a better offer is on the cards. Even in a gas glut the price being paid for our shares is cheap.