The directors have just come out with an operations update that resembles something you'd read in a Sunday rag.
Its fear from start to finish with the clear message that shareholders should accept Parkmead's offer....OR ELSE!
This is purely my opinion and obviously speculation only, but I reckon this whole thing stinks. I wouldn't be at all surprised if these blokes were all mates and there were kick backs being thrown around left, right and centre.
I was always lead to believe that a minimum of 25c would be saught by the company and higher with some luck.
5p is just out and out rude.
I personally hope the takeover bid fails...and fails miserabley.
Note: The above post is only my opinion and some comments are speculative and unsubstantiated.
LHD Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held