" if other shareholders were selling then the sp would not have gone up after the spp ended. all that has happened is that the sp is back where it was before the spp which is as it should be"
Please use your brain. Why would holder NOT subscribe 2.2c spp (extremely low participation rate) and buy shares 'on-market' straight away AFTER spp at 2.9c. Please explain?
The whole point is buy low, sell high. Why pay 2.9c when it was offered 2.2c spp and not many people subscribed.
Who paid 2.9c? Director Who don't even want pay 2.2c in spp? Most of holders Please explain why nobody want 2.2c spp?
LCG Price at posting:
2.6¢ Sentiment: None Disclosure: Not Held
