Of course holders want to believe that there is some master plan, but seriously, do you think LIT is going to magic up some news that will double the SP and make the offer attractive to LPD holders, whilst at the same time count on LPD not making any gains, and somehow make this worthwhile for holders who are going to be diluted to the hilt either way?
If there were amazing news coming through the pipeline regarding Sileach, does it really make sense to try and grab LMAX at a huge cost to LIT shareholders, not only in cash but with dilution. Makes no sense to me.
Each to their own, fair enough, but why would you trust in that man, smiling and jovial and making football analogies - with your money? You do realise that he gets paid his huge salary, regardless. All the while he is spinning your assets out to his other coys and making a killing.
LIT Price at posting:
10.0¢ Sentiment: Sell Disclosure: Not Held
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