Shares & Derivatives
LMIR update- No regret catching a falling knife
By Sillyinvestor  •  December 16, 2014
More information is released regarding the consideration shares. I am not sure why Mr Market is giving it a double thumb down, except that it might be feeling depressed. It went to as low as 30.5 cents. I accumulated in 34 cents, and will be willing to accumulate further at 30 cents, plus minus a few bids. The latest considerations shares is nothing new, except that the price will be at a minimum of 38 cents. Thus, the maximum of shares to be issue and hence dilution and can be assured. When I did my sums in my previous post, I already 1) take into consideration the dilution of both consideration shares and placement shares and both at the price of 34 cents 2) Take into consideration Pluit village is going to be around 80% occupied instead. What are the possible risks then, to distribution? 1) Further weaknesses in ......
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By Sillyinvestor
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