They have already raised the money haven't they?
No one (in public) knows exactly how much they raised, because LDA would have sold at different price levels, all the way from 85 cents or so, as their deal came about when SP was in the 80s. As far as I know, they distributed these shares up until May when the SP reached 30s.
I guess if you are really particular, you could look for the cash balance tally from the recent half yearly, but I am no accountant, so that info did not catch my eye.
Have about 4 or 5 quarterly worth of cash in hand atm as mentioned in the recent 4C.
They have already raised the money haven't they?No one (in...
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