In my opinion: I do not believe they paid much for their shares as many were allocated to them and what they did spend on shares cost little relative to their remuneration for running the business over the years into the ground. When they bought shares, it was to make it look like they believed in the hype and make us all believe too - clever ploy to con us into further supporting the business and their pay packets (main goal maybe). Some might disagree with my view but that is my view.
Sadly they are not the only ones like this on the ASX but this one suckered us in. They always stated they believed they had the skills but clearly don't have the skills to run even run a chook raffle.
For LTH it is just death by a thousand cuts.
MNC Price at posting:
1.6¢ Sentiment: None Disclosure: Held
