LCG 0.00% 6.0¢ living cities development group limited

will they really subscribe at 4 x the price?

  1. 648 Posts.
    shareholder approval done. just FIRB to go (anyone know when that is due?) then we'll see if they really put in $4.8M at four times the current share price. on the one hand it is a huge ask in this market but on the other they are getting a real bargain compared to the actual value of the assets. fwl'er could be in for a good year coming up!
 
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