Hmmmmm.... Latitude releasing over 431m shares from escrow:
LATITUDE GROUP HOLDINGS LIMITED (ASX:LFS) - Ann: Release of securities subject to voluntary escrow, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
I wonder if LFS were just pushing for the purchase to be completed before they had to announce this. Once these hit the market, next week, I would expect the bottom to fall out of their SP - probably in March, after any initial market interest (or manipulation) dies off. I hope I'm wrong.
I fear we are all going to see our investments significantly drop in value if the board lets this through. If this happens, I will happily join any queue for a class action against them and their advisers. (I hope they have great professional indemnity insurance.)
DYOR
Hmmmmm.... Latitude releasing over 431m shares from...
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