|
Langbar International
marksp - Sat, 22 Oct 05 :
Everytime I look at this thread, the same stuff has appeared which any sane person knows is complete and utter B#######.
Regardless of whether u are long or short
- a company cannot suspend its shares because it needs to support the Sp on an all share deal
- a company cannot suspend its shares because it doesn't like the Sp
- a company cannot suspend its shares at all
The company must apply to the listing authority and explain why, under the rules of that market, the share should be suspended. One of those is that there is a disorderly market. I saw nothing in the LGB trades that looked like a disorderly market.
There seems to a view that all is Ok because of the quality of the advisers. All companies, big or samll like to have quality advisers as they lend the company credibility. Companies that do exptremely well and those that collapse all use the same limited adviser set. The statement is true but, it has no bearing on the LGB situation.
All must be going well at LGB because of the institutional holders. A beer for anyone who can remember the name of this logic statement. It is true that LGB has a set of institutional holders and, it is true that institutional holders will probably have had a good look at LGB unless they are working off an index - the problem is with the next step...LGB is OK because it has these holders. It can also be stated that only 100 out of one hundred thousand institutions have bought in to LGB so only a tiny minority support LGB.
IMHO, something needs to be looked at but, a solid certain value on half the assets will double the SP so......I don't see a lot of risk. My view remains that unless they chose to be absolutely clear in the RNS and other company statements, LGB is going to remain a bit of a pariah
M
Langbar Int Stock Charts : |
| Langbar Int Historic Stock Chart | Langbar Int Intraday Stock Chart |
 |  |
|
|
|
|
Langbar Int stock quotes
Langbar Int stock charts
Follow this thread
