Management Intentions can't be calculated in Excel

In the year 2018, I have been rubbed wrongly thrice now by controlling stakeholders (Management)

• Fraudulent disclosures (ASX GSX)

• Ungainful dilution (ASX LBT)

• and now this one ..

this is my learning from investing in LEEL electricals.

I created this position at ~1100 crore, My initial thought process was company has sold its consumer division for an enterpr…