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so its possible we are on page 1 of the VAL playbook
Release RNS with little substance
Do placing at huge discount
Release more information a week later
Sell into the rise to decimate any hope for LTH's
FYI Val has no other plays in the playbook - just the single sheet of A4
all IMO of course
Sorry freddie
that reply doesnt cut the mustard im afraid
when LTH's told you they had no option but to stay in but had lost all faith in the board you described it as a rubbish excuse and just sell
how many shares do you have - we will all look out for the trade
Hi isleworth
Unfortunately for many LTH any possibility of a profit is out of the question....and in many cases the past dilution has rendered any holdings meaningless in terms of damage limitation when you look at the whole picture
Let's not forget £100 invested at the start here is currently worth just under 5p - while I am not that bad ...it really is fudging about hen you may as well see it out
what numbers people are expecting on a deal - obviously the rampers have talked in the hundreds of millions ...but if the more sane holders had given it a thought then it may be something worth talking about
hi isleworth
i have discussed this previously
LTH are diluted so much there is little point selling and buying back - and most have no stomach left for averaging down with the current BOD
as has also been previously discussed - it would be absolutely fantastic if they released the pending possibly good news first - but the more the clock ticks - the more likely there will be a placing first
every bit of me hopes they release any data they have before any placing - but on past form it doesnt look likely
that would depend on the rationale ??
when was the last time you saw a premium on placing before news ?
so if a placing came first then its likely (about 99% certain ) to be at a significant discount - with the knowledge that news is due (as they have said it is) - then how would you feel about the BOD raising funds before news and selling into it?
Woody ....it always sits around the £11mil valuation - it was £10mil when they did the rehash to 21p - every dilution sees the share price fall - but the valuation remains pretty constant - it has risen to around £25mil at its highest point i think and the lowest around £9mil - but generally sits around the £11mil mark
thats why it doesnt fall below the 2.2p - because even the worst financing cant kill off the valuation remaining pretty constant
As a LTH - or any holder for that matter - I am allowed my opinion
if that opinion is negative then look no further than the performance of the BOD for the reason why
BBs should be a mixture of chat discussing the merits and performance of that particular share - please dont attempt to stifle others opinion because it differs from yours
There is nothing to suggest a deal is close ...let alone a good deal - in fact - GM has already laid the ground for a "bad deal" - which was dismissed as a joke on here by the rampers
they needed some finance - not headroom for many many millions
the only reason they asked for the headroom is because they are the laziest BOD at financing in the world
all in my own opinion of course
DYOR :op