LPD 0.00% 0.3¢ lepidico ltd

Big Drop in Sellers Volume, page-5

  1. 1,473 Posts.
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    The point is exactly that, the TO, or at least the aftermath, is NOT finished. Because of the TO attempt we now have LIT with lots of shares in LPD. So if the SP goes up LIT gains money. And that is something I believe LPD with help from Bacchus is doing all it can to avoid. Bad for us shareholders at the moment but it is in our interest! Think that behind the scene there are negotiations ongoing on buying the shares from LIT. And guess they try to do that at the current SP price to make sure LIT does not gain any money from their tricks.

    So we just have to be patient! It will come good, if not excellent, but the situation with LIT is still not fully resolved! We have to get their shares and that for as low an SP as possible! Good thing is that LIT needs money. So they will have to sell at some point. Do not forget that LIT has about 20% of the LPD shares and that is not really nice....
    Last edited by springinhetveld: 11/08/17
 
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