LCG 0.00% 6.0¢ living cities development group limited

Ann: Share Purchase Plan , page-3

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  1. 648 Posts.
    people on this thread complained when fwl issued shares to sophistocated investors at a discount. well this is just our turn to get cheap shares. people were also wingeing about fwl not having any cash so this fixes that too. and if you were trying to close a deal with a big company that knows you only have a few dollars in the bank, might you not want to show you have other means???? i don't even care that some goose sold the price down because at the end of the day fwl owns 500mt of iron ore that is worth way more than the company's market cap and sooner or later something is going to give, so it's time for me to top up boys and girls (dyor)
 
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