LPD 0.00% 0.2¢ lepidico ltd

Who is dumping, page-30

  1. 12,905 Posts.
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    Still scratching my head on this one. Before all the hype was generally following the Failed takeover attempt by LIT.....then following all that the support from GXY re: its 12% stake .....Must be more to all this than meets the eye. Even with this 1:6 rights.....GXY only got 240 odd million shares to begin with....but have underwritten this rights offering to to the tune of $1,000,000 ...which would be more than it's entitlement on a 1:6 basis to maintain its current stake. Plus there is the $10,000,000 of additional unmet private client demand which I can only assume is still in part hanging around in the hopes of obtaining some sort of position in this story. Just looks really interesting . GLTAH
 
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