SHL & Hanno24 Oct 2019 12:55
IMO the next month could be a tricky one. People are unlikely to plunge in at any level until the SHL has officially been rolled over. People will be rightly worried about Dilution, however in all recent RNSs the company have continually said they expect the loan to be rolled over, hopefully we don’t have to wait till Nov 30th to find out.
In the meantime I feel if our CEO was to make some decent purchases of shares and up his stake to be in line with other main holders, this would improve confidence and sentiment that all is progressing as stated.
If we have to wait till Nov 30th and no purchase from Hanno, it could be Tin hat month for us LTH, however it would present a perfect chance to average down from the mid 6s!