The only saviour for management here would be if the money will be used for the spin out.
they have been spouting for months that strategic equity investment will be done using NPV as a basis. Now our illustrious management are discounting from current SP - what about raising at a premium?
There is much news flow to come that will positively impact the SP. The SP will only serve the instos that get the opportunity to partake. It’s only a scam if your not in it!
there is circa $5.5M in the bank.
LPI Price at posting:
69.5¢ Sentiment: Buy Disclosure: Held
