what I don’t get is the contradiction between their reason 1 (trying to relist) and reason 5 (trying to find a better offer) with not a lot of concrete paths forward
this QGL plan seems better thought out than the current strategy
I’m not a LML holder but am a QGL holder i’m trying to imagine what it would be like if the roles were the other way around and it would come down to a few points: 1. is the valuation of the (diminished) asset fair? 2. if not, then do I have confidence in current LML management providing me a better, liquid path forward’ and finally, 3. do I have the time and risk appetite to wait?
hopefully the two assets together are better for both sets of shareholders
LML Price at posting:
0.8¢ Sentiment: None Disclosure: Not Held
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