LHG unknown

Excuse me for feeling a little p#ssed off, but why would LHG...

  1. beammeup
    892 Posts.
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    13/11/03
    12:49
    Post #: 298279
    Excuse me for feeling a little p#ssed off, but why would LHG raise capital by a placement to institutions at $1.50 when the share price has been around $1.70. Existing shareholders have instantly incurred a loss for the benefit of a few. Someone care to explain the reasoning behind choosing $1.50 as the offer price.
    Yes, I hold LHG but wish I didn't.
    LHG Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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