The TO is never going to be a TO. It's not going to happen. The numbers speak for themselves. It's in shareholder's interests on both sides for it to be abandoned. If I was a LIT holder, I would seek professional financial advice - urgently, but then I would ring the coy and ask them why it is appropriate to use football analogies and repeat slogans from Donald Trump (fake news) whilst shareholders are losing value, and the coy is heading ever closer to a CR. I would ask my MD to stop playing games and concentrate on restoring some value to my holdings by building the business that was promised. This tactic has done more harm than good, and as long as it continues, progress is hampered on both sides, and cash is being wasted.
LIT Price at posting:
10.0¢ Sentiment: Sell Disclosure: Not Held
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