LPD 0.00% 0.3¢ lepidico ltd

LPD Chart & Analysis Thread, page-274

  1. 3,107 Posts.
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    Come on now mate. I thought we resolved this.

    Look at it this way. Instead of holding 100,000 shares in a 1B SoI company. Your holding 600,000 shares in a 6B SoI company.

    LPD probably considered a consolidation at some point but realised its just an unnecessary accountancy, ASIC and ASX cost.

    If tomorrow they said we are consolidating 10 shares into 1 LPD share.

    • Management hasnt changed
    • Market cap hasnt changed
    • Process moving forward hasnt changed.

    It would fix your worries about SoI with no actual material impact to the company.

    Again I ask you to please point out why SoI are actually an issue.
    An if you say they will do more Capital Raises im gonna have to put a sock in your mouth as this isnt a SoI it would be deemed a future CRs issue


    Last edited by Kevo88: 18/01/22
 
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