RE: foxy30 Dec 2020 18:12
LC is sneaky. He had left it too late over at Kibo to increase the authorised share capital without shareholder revolt. Shutting the stable door after the horse has bolted springs to mind.
Arranging the increase now before decimating the share price with placing after placing will be easier and not met with the same shareholder disgust here as it did over at Kibo.
LC will only ever act in the best interest of himself.
Beware.