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0.6¢ laneway resources ltd

Not a case of affordability, but perhaps a case of governance...

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dugsab

1,991 Posts.

49

20/07/18

20:19

Post #: 34487238
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Originally posted by Bigunks ↑

It's obvious Gassed, like us all - a ML or shares in a company where the BOD want to get a ML. My only take is that the TO agreement is relatively close. They would be using someone's else's money if it's not. Can see the BOD debating how many CN to issue - none for S/H one for us, none for S/H and two for us, none for S/H and three for us........... . Probably couldn't afford a rights issue.

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Not a case of affordability, but perhaps a case of governance and compliance.

Past attempt -
http://www.takeovers.gov.au/content/DisplayDoc.aspx?doc=reasons_for_decisions/2013/007.htm

LNY Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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