'We then were poised to undertake a placement with a different broker on the back of the EPCM announcement, however, the broker changed the terms on us on the day we were due to launch. The revised terms were so generous that we had to abort and run with an entitlements offer to offer the terms to existing shareholders – this resulted in a one month delay and a lower share price as a result'
WTF?
Apart from the obvious ridiculousness of those events, wouldn't it have offered a massive opportunity for insider trading knowing that a CR was coming over a month in advance? Most reasonable companies go into TH for such event.
What a disaster.
lpd share price, page-8337
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.76M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $20.95K | 9.910M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 69 | 72793985 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 74311227 | 45 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| LPD (ASX) Chart |