makes you wonder about disclosure.....first oil would have to be announced but do they have to, now the UK big boys are in charge....I doubt it. We are in uncharted waters now and it will be interesting to see whether we are supported by ASIC or blasted out of the water without any protection. What was the vote 80/20!!, so long as the boys club organizes a win/win for themselves we don't count literally. I have heard one of the new board maybe an independant but I have seen plenty of people put their heads in the sand because they have no dangly things where you spill the morning latte...........I will be glad to get .30 now, well short of what it is worth and we all know that. Funny how we cheered the arrival of Hendersons as some sort of vindication of our finding of an undervalued company. It is the way of the world now that they now want the whole thing and not just a proportional piece. Thats business now and that is what I think we will see playout in the next few months. First stop SP pressure (downwards) then the offer, all the time no news is on offer. This is not my first time in this boat and I know a few others here have sailed this route too. Here's hoping for a reasonable ending.
LHD Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
