K Band
Regardless of the individuals involved whether it be in LFE or Bell, does it not seem odd to you for the directors to be issuing shares at (what appears to be) half the underlying cash value?
I would be wary of any directors that rush out doing private placements without any real explanation.
It would have been much fairer to do a rights issue and give everyone who was interested the chance to average down their cost per share. The issue could have been underwritten by the company that is taking the placement.
LFE used to be a $2 stock. To be doing dilutionary placements once the stock has fallen to 7 cents is just adding insult upon injury.
- Forums
- ASX - By Stock
- bell ixl must be a bunch of clowns
LFE
life therapeutics limited
K BandRegardless of the individuals involved whether it be in...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Currently unlisted public company.
The Watchlist
VMM
VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
CEO
SPONSORED BY The Market Online