The announcement says We have been working on a progressive restructuring and repositioning of Lend Lease Primelife Group (LLP) with a view to reducing debt and putting LLP back on a sustainable operating footing. While that work continues, the Independent Directors of LLP consider that LLP Securityholders should be given the opportunity to consider the Proposal.
Well thats fine, but why recommend it when LLC are offering half what it is worth. Honestly, what as the world become.
regards Freespins
LLP Price at posting:
30.0¢ Sentiment: Hold Disclosure: Held
