Yeah. I was warning people about the Lind connection to Springtree. ie same management and offices. And Springtree has destroyed many ASX listed companies. It looks like the only protection shareholders will get is via the 15% rule. At 0.1c they can probably only issue about $600k worth. Which could explain why they "only" went for $150k this time. And they will be gone in 6months.
When they seek approval to ratify past conversions and approve the full future conversion their will be heavy opposition imo. Who could honestly approve this deal? I can live with the ANY 3day rule. But rounding down? That's too much.
- Forums
- ASX - By Stock
- GGP
- put your sell orders in now!! ??
put your sell orders in now!! ??, page-13
-
-
- There are more pages in this discussion • 74 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)