I suspect a few long term holders of LAT are selling out at the moment after their years of running out of patience. they will continue to trickle out of the share.
I think there is no harm in holding this stock for the long term despite being a penny-dreadful. From what I have seen, there are a few investors keeping this share buoyed as it drops and immediatley rebounds - good sign! another good sign is the executive of LAT are very clever businessman and know how to manage a company. we are in safe hands thats for sure.
Investor confidence is evident and the acquisition is a no-brainer. 9 cents by the end of the year.
cheers.
LAT Price at posting:
4.3¢ Sentiment: Buy Disclosure: Held
