First dividend payment is due on tuesday 17 September
we'll just add this to the growing list of broken promises and missed deadlines.
but wait, Labcon will come on in a few hours and say "Dividends have been postponed due to tweaking. We will send them when we have time, in two weeks, mid october, christmas, valentine's day, next update, tomorrow, or soon. Buy cheap shares."
What do they gain at this point telling anyone to buy shares? They got all the money they need. They don't get any extra money telling anyone to buy shares.
Isn't it suspect that they wouldn't allow their 30% shares to be locked? Is there any way to confirm that they aren't planning to pump and dump?
There's a lot of risk in this stock, apply Bayes' theorem.