That's true for a short-term holder / day trader. But you can't have it all: if LPD need to raise capital to support a longer-term strategic decision (which appears solid and dynamic), what would you rather them do? Capital raise from their shareholders at a more expensive price that won't get taken up, and thus necessitate raising from a bank or external?
In my opinion, the 'discount' they've offered puts shareholders first with a proposition they feel represents value in the longer term. The significance of the 'dilution' you fear will dissipate once / if the ducks line up as the move intends them too. A mere drop in the ocean if the potential for which most people have invested is realised.
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Last
0.3¢ |
Change
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Mkt cap ! $25.76M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $20.95K | 9.910M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
69 | 72793985 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 74311227 | 45 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
69 | 72793985 | 0.002 |
113 | 254257669 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 55520989 | 42 |
0.004 | 34067679 | 45 |
0.005 | 15337988 | 16 |
0.006 | 4150999 | 9 |
0.007 | 1089094 | 5 |
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