So, capital raising experts CR do the job for life style directors LS without letting on just where the capital came from.
Actual new money control (ANMC) is then used to pump a bit, get the charts moving the right way, but out of the blue belt hell out of the market.
CR or (son of CR) is party again to the needs of LS directors and raises more capital but at half the unit cost, causing massive dilution of an already bloated capital structure, and making it easy to accumulate major shareholder stakes under different guises.
There is enough dreamtime in what the LS group has done to be able to repeat the dose, ensuring great LS benefits until everyone gets tired and they sell to a new enterprise after a particularly gaudy pump.
The term minor shareholder does not appear in the dictionary.
PIL Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
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