RDR

4504 days ago

Lighthouse Group – Increasingly Desperate Directors Suck Big Time. Still Say No.

Using the services of their 3 PR firms and 2 brokers, no doubt, the wretched directors of AIM listed Lighthouse Group (LGT) has issued another statement imploring shareholders to support plans for a de-listing. Remember they need 75% support. I reckon that they are worried and fear defeat. If the proposal is rejected as it should be, an honourable board would step aside. This s not an honourable board but their hand could be forced.

Today’s statement contains nothing much new. The company says it will arrange for a matched bargain share dealing facility post AIM. That is no good. All that facilitates is directors offering to buy stock for peanuts