I too am delighted by our 'get out of jail' card. (have lots of LCYOB)
Dec 31st 2012 was looking pretty poor until this announcement came out.
Well done to ZMANS, DGH & others who spoke up at the AGM or in private to LCY.
The 2 year extension / reissue for the options was an excellent resolution.
Have always been a believer in LCY but underestimated the extent of the damage done by the 2008 GFC. Actually the damage was done before the GFC.
It looks as though 2013/2014 will see a slow and gradual improvement in the various world economies.
LCY should make good progress in 2013 and our shares/options will participate in that progress.
.... but 'phew' we opie holders were nearly sunk.
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