Hypothetical Scenario for LPD Shareholders, page-18

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ProCapitalism

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09/02/25

18:55

Post #: 77775965
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Originally posted by Lynxie: ↑

Hi@Chuckh,

There are several Top 20 holders actively posting, both here and on other forums.
I am one. Those with whom I'm in direct contact have already conveyed to Kieran Bright their participatory intentions.
All shareholders, Top 20, Top 40, Top 100, ....
every single shareholder should want to fight to retain the value of our investments.
United we stand.

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Originally posted by Gentileza: ↑

For those that don't think they recognise me I used to be @Lynxie

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Originally posted by Gentileza: ↑

Good afternoon everyone,

I haven't been here for a while, but we are at such a critical crossroad I wanted to share with you what I think.

At the outset, let me say that I am extremely, totally disappointed in our BoD and furious with some actions taken by Mgt, specifically in moving our capital offshore. I haven't got the time or energy to dwell on that now.

In the communique with Korda Mentha, Option 2 is by far the ONLY positive way out of VA.
Whilst many of you have probably said 'no way', every NON-BINDING indication of a commitment will help LPD enormously.
Even if a contribution is small, and I mean small, it will demonstrate to KM two things; that
(a) there is wide support from shareholders to keep the company going and to get us out of VA asap.
(b) we are NOT willing to see our assets sold off in a fire sale.

Just a small handful of shareholders shouldn't be made to carry the full burden here. If every holder could just put in a small amount, and I mean small, $100, $200, <$1000, KM will see that we're not taking this lying down and we will fight for our company's survival and for the survival of our investments.

A little earlier @EQ posted a copy of his email to Kieran Bright stating his indicative non-binding commitment.
This e-mail is the perfect TEMPLATE for anyone wanting to put their hand up. It's short and concise and all that you need do is indicate the amount you feel comfortable in contributing. As I said, no matter how small, every dollar counts and every shareholders' willingness will go a long way in how we may be treated in the future by the acquiring party.

I agree that we need a totally new figure at the helm.
It would be GREAT to:
1. get Option 2 over the line,
2. see LPD managed in WA
3. have LPD on just 1 continent, not 4
4. have a vital and vigorous new management team.

I emailed Kieran Bright today because I want to succeed and I don't want to see my investment just disappear.
Come on shareholders, "United we will STAND, divided we will FALL".

Look after yourselves. GLTASH

Expand

Yep, just as I suspected.

LEPIDICO LTD (ASX:LPD) - DOCA, LiQUIDATION or CONTROL RETURNED TO BOD, 77541240, page-177 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

LEPIDICO LTD (ASX:LPD) - DOCA, LiQUIDATION or CONTROL RETURNED TO BOD, 77501399, page-140 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

LPD Price at posting: 0.2¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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