FJ-215
Regular
Morning rgupta,I feel we are not going to get any price sensitive news up to 30 April. Till the on market sale is going on.
Just a coincident companies run on market buybacks for so long but we run on market sale for so long.![]()
The LDA funding model is quite simple. When the company knows it has a couple of months of good news to release that may maintain or even elevate the SP, they make a call on LDA to take advantage of that news flow. The company raises money at a decent price, shareholders aren't diluted as badly as they otherwise would be and LDA get their 8.5% cut.
Everyone is happy.
Or.........
I suppose you could make the call while releasing a bunch of announcements that crash the SP by 30% or more. Keep your mouth shut until the call is over and then start releasing some good news. Sure, you wont raise as much money, shareholders are more heavily diluted and LDA will be pissed because they work on commission.