EPY 0.00% 18.5¢ earlypay ltd

696969OK, good point.It seems foreign holders got the short end...

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    696969

    OK, good point.

    It seems foreign holders got the short end of the stick and I will wait until the end of year report to assess whether it's worth holding the stock at all. Loh has to be planning a move now otherwise investors will start to lose confidence so he has a lot riding on this.

    The rights issue was reportedly quite undersubscribed which means that Loh's entity had to buy up the shortfall which was a cheaper way for him to control the majority of the company.
    I could say "good luck" but I need some myself!

    Regards
 
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