Ann: Update on deconsolidation of LIS, page-30

  1. 1,705 Posts.
    lightbulb Created with Sketch. 348
    thank you.

    https://hotcopper.com.au/data/attachments/6579/6579997-7fd83f3d4934eb7fdad9461ede43d33e.jpg
    so on the 31st of October PPK did an off market sale of 467,200 shares for 13.25 cents each. On the same date the shares traded at 21.5 and 19.5 cents. Who got these? Why is ok for PPK to give away shareholder assets at below market value? This is shifty as f@#$. This is all happening at a very convenient time too. Is no one else seeing this dodgy sh!t? I’d also like to know who exactly is the beneficiary of that Deakon gift? Too much value being shifted around without enough transparency. Some chosen people are benefitting at the expense of shareholders. Everyone of us should be asking questions and not just accepting this.
 
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