Time to buy in?30 Apr 2019 14:34
For LTH's this has turned out to be a shambles seeing the 'shareholder destruction' of share price (SP) which is a term more apt for AIM than the brainwashing 'shareholder value' line given by BOD's. Similarly, all this official talk about being transparent and yet in practice the opposite is true as we are not an even playing field.
There is now a big disconnect between the evolving story and the SP which has been in decline for several years and yet the story has only gotten better having proved up resources and securing development funds.
The fact that an investor like The Zubair family has finally come in at this stage to under-handedly 'steal'.....apologies...I meant farm into...our assets at a discounted price form under the noses of PI shareholder base, ironically, IMO the SP is now being set up for an eventual massive recovery to reflect the farm out closure followed by licence issue, 3D work, drilling etc to kick off in 2019.
The SP could yet go below 1p but if anything, this is most likely the right time to buy in?
GLA!