Many LT shareholders were hoping deep down that there was something (no little how small) buried in this shambles but yet again it looks like shareholders will lose out.
The rampers will eventually come out blazing that all is marvellous and any who say different are not to be believed.
Dilution will happen sooner or later as funds will need to be raised once again. And to think that this will be necessary because of the amount of free shares and options for management agreements and to soph investors that have been handed out over the last 12 months.
ASIC should act and sooner rather than later.
MOT Price at posting:
0.1¢ Sentiment: None Disclosure: Held