After a bad fall in Chinese prospects -DYOR-

LRL Dirs have concluded they need more Directors.
So the "Energy" and the "Resources" are to be made into TWO - good news if you believe Dirs are not sufficiently focussed, but Bad for a small AIM-stock that is already paying Execs too much for the results Shareholder get.

These are about 10p now, but were over 14p when flagged by IC.
There will be a free 1:1 showering of shares for existing shareholders and Execs will win-win, as well. Huh!
I've read the RNS . . . please don't repeat it, anyone interested will have found it easily enough . . . there may be some delay in the Energy-listing, as it needs to pass Regulatory review, etc. what I fear is that the sum of parts will be less that what it is now - and in total may never reach the high earlier this year . . . . . Hurumph.
EDIT (6Dec2013)---I read "Chairman Resigns"(29Nov) - Will he be missed, I wonder? - SP still dismal 6.5p
EDIT ( 28Jan2014)---seems Leyshon Energy has begun its AIM-life with a small fall.
EDIT ( 21Jan2015)---and the smarter folks got out as this stock fell to 0p - This was an IC "Rec" not that long ago at 16p, I recall, DYOR.