GREY:LBEFF - Post by User
Comment by
ExSudburyGuy2on Nov 11, 2008 1:43pm
358 Views
Post# 15578588
RE: great news !
RE: great news !Good Grief.
Who are you people?
a) saying this release is great news on a bull board won't help the share price.
b) the reaction to the release was obvious. LBE fell to THREE cents on the news.. or 40 percent. And it can't go much lower.
c) we knew most of it except that they're also considering changes to their capital structure. Yep that could mean a reverse split, but I'd say the more likely change to the capital structure would be an asset swap for debt, leaving current shareholders with absolutely nothing.
Great News -- For Who?