LSX 1.11% 44.5¢ lion selection group limited.

Great Kenny - I appreciate your insight. Sounds very...

  1. 66 Posts.
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    Great Kenny - I appreciate your insight.

    Sounds very complicated. The market is hardly rewarding uncomplicated assets at the moment (relatively), so it might be a stretch to expect much here. In a different market, maybe. I hope LSX are not committing more good money after bad, and succumbing to bias on their near all-in bet on OAR.

    At the very least a write down for LSX's holding seems inevitable, and the new $4M committed will likely receive the same discount to value the market has put on the rest or OAR.

    Disappointing no doubt.
 
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