I also grabbed a few more at 30c, just couldn't resist myself :). Also, to round the holding to a nice round number.
Grabbed some more PTNs that seems to be forgotten by all (I don't mind that at all). Highly illiquid stock. Risky too with high gearing.
I will send LLP an email or a fax along the lines discussed when I get a chance and encourage other holders with similar mind set to do the same. Some very good texts were suggested, thank you Jake see his post #4542924. Don't forget to mention the asset backing.
Let the fun and games begin. The situation with LLP trading can be described as a Mexican stand-off at 29.5 / 30c. I am guessing those confident that the offer will be increased are loading up at 30c, and LLC & affiliated brokers are keeping the lid on the price.
MLC
LLP Price at posting:
29.5¢ Sentiment: None Disclosure: Held
