LCL 6.25% 0.9¢ lcl resources limited

Value Proposition, page-81

  1. 5,922 Posts.
    lightbulb Created with Sketch. 906
    we dont really want an early takeover.
    It may cut it of at a 2 or 3 bagger from here rather than the Disallowed it could be. I heard a fund guy talking about this.
    having a really great stock taken out early can be a massive disappointment.
    Look at CDV being sold for $1.06 approx in march at the lows it was 25c and just prior and after was 40c.
    so at best its a 4 bagger for that lucky buyer or a 2.5 bagger for the average buyer at that time.
    Given time it could have been $3 and been an 8-12 bagger depending on your buy price. When would you want LCL taken out?
 
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