Yeah a total farce. My first interest in this was around the 5.5c mark when it was trading below cash-backing of 7.5c and there is no way a takeover could happen under that price...apparently. This is going back a good 9 months now. Clearly Bushveld was always running the show here. Trash the share price, get the company to buy shares to their advantage and then hit with a lowball offer. There was no rush as we were able to ascertain. This sort of blatant manipulation should be illegal but alas, just another example of ASX stock company corruption.
LMR Price at posting:
5.7¢ Sentiment: None Disclosure: Not Held