I have seen the depository/ordinary share scenario before; in most cases, we can expect the offering to be fully sold to the market when offered but I like what I think you are describing.
Usually, an issue is made for a particular purpose and structure within the Company.
What in the prospectus do you think is pertinent or related to what LBHI needs to do now in the re-structuring?
Why would the J prospectus attract investors who find it suitable for the re-structuring?
Maybe you have some ideas about this. I am not close enough to say that is what the Board will do so I can't say.
I will take some time to go back over the J prospectus, too.