CGT LGL

Ann: LGL enters Ballarat sale agreement , page-2

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  1. nk
    2,808 Posts.
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    05/03/10
    11:10
    Post #: 6409708
    gotta laugh. when I saw that trading halt I thought to myself, Maybe they are buying Ballarat

    Well whaddaya know...

    1 billion shares to issue, that gives existing shareholders 19% of the new company. I assume they will do a deal for existing shareholders to not get diluted and I am more than happy to punt more money in at 4c .



    CGT Price at posting: 4.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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