You’re assuming a lot. Perforamnce could be terrible but we wouldn’t know, all we have is plans on a ppt slide from Feb. We know absolutely nothing. All companies have a long term focus, even the ones that share info on their short term to keep investors informed/interested. If lon was sitting on a pile of cash then maybe ok, but they neeed to raise new money to keep growing. With the share price in the toilet, tgis is hard and at the very least hugely dilutive to those that have come before.
LON Price at posting:
78.0¢ Sentiment: Buy Disclosure: Held