RE: Rns out24 May 2019 19:30
And on the downside, however they managed it legally or not, they were able to make many millions as a single entity, while many thousands of LTH PI who believed ST2 would be a minimal equity deal that enhanced the sp and held their shares lost those millions, both in terms of shares and cash.
Maybe we are stupid, or naive, but it certainly doesn't feel as if our faith or trust were well placed and it does look like financial institutions, perhaps through better judgement, (but maybe through better connections?), were able to make a hefty profit at the PI's expense.