LEN -- Current Market cap is 21.25m USD (0.0512p x 1.65 to convert to USD) x 250m on issue
They have 30m USD cash, so trading ~30% below cash backing
Go Paul!!! I fear we trusted him too much with this demerger, now our shareholder rights are weaker and 30m USD cash is in a BVI company controlled by PA.
Buyback should be kick started to provide liquidity