LPD 25.0% 0.3¢ lepidico ltd

LPDR, page-7

  1. 1,506 Posts.
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    u have secured your rights to the 1 c raise, they are yours to do what u see fit.
    if u sell u forfeit your right to participate in the 1c raising.
    whover buys them buys the right to participate for the amount they have bought.

    i sold mine and bought the amount of heads i was intending to buy originally without going through the cr process., reason cheaper to just buy the heads now.. each to there own.

    .01c placement plus .006c trading equals 1.6c.
    current price for heads is 1.4c.

    reason they are trading at a premium, i dont know, maybe they dont want to push the share price up, maybe its easier to secure volume through the rights (lpdr) or cheaper outlay as of today and the deal with the 1c conversion later, when funds are available.

    no advice intended seek a professionals advice, all just an opinion.
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