Ann: XCD Energy Takeover Update, page-88

You are correct 60% held by a make up of non retail instos and collective of brokers, nominees and SI’s. My point LSE SI’s and brokerage houses control 88 not mum dad retail investors. They will have their hand out for 30% discount sell and good luck to them. The board is doing what SI’s want which is continually fail and raise. Easy money.

To clarify I am personally not interested in spilling boards etc. if I had a say with listed only ASX I would have attempted a spill 2nd IW2 drill. I am going to average down with what I have left as last well did well buying at 1.2c and selling 2-2.3c. So just want to exit this dog with shirt on back like most here. All the best.