Check out the history of LC ‘s stock rights offerings and the effect on prices.
Today it announced another SRO
|Date of Approval by Board of Directors||Jul 17, 2017|
|Entitlement Ratio||1:4.685 shares|
|Offer Price||P 0.15|
|Number of Shares to be Offered||11,678,967,888|
|Start of Offer Period||TBA|
|End of Offer Period||TBA|
Will history repeat itself?