LLO lion one metals limited

had thought the same, lots of buts..to me there was no need for...

  1. 5,801 Posts.
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    had thought the same, lots of buts..
    to me there was no need for the 30% discount, like several asx companies recently or over last year offered CR at a premium, and they had surplus wanters.... if they offer more cheap shares to us that would cause a bit of dilutive of the CR,
    LLO have said there main shareholder base is NOT here therefor did the offer else where, which is discrimating.
    the board should have shown much more confidence in the project adn not be pressured into the discount, by my thinking not too much presure was applied especially as i think it was to mates, hence mates rates
    and now being such a long time to be suspended it seem LLO have done little to fix the situation, more than enough time past to do something yet seem to have waited in a wait and see where it takes us, no hurry atttitude, plenty of time for the ASX beforethey really push the issue
 
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