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Leed Resources Share Chat (LDP)



Share Price: 0.0226Bid: 0.00Ask: 0.00Change: 0.00 (0.00%)No Movement on Leed Resources
Spread: 0.00Spread as %: 0.00%Open: 0.0226High: 0.00Low: 0.00Yesterday’s Close: 0.0226


Share Discussion for Leed Resources


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Lseking
Posts: 1,984
Off Topic
Opinion:Strong Buy
Price:0.0226
Ps
31 Mar '16
Sid no point buying tfl's shares he only has 100 which he bought accidentally on a spike at around 0.80 lol
 
Lseking
Posts: 1,984
Off Topic
Opinion:Strong Buy
Price:0.0226
sid
31 Mar '16
Listen to tank mate honestly you are wasting your breath talking about anything to do with the stock market or business with someone who accidentally invests lol
SID001
Posts: 104
Off Topic
Opinion:No Opinion
Price:0.0226
RE: SID
31 Mar '16
TFL - please can you tell me where in the last 2 paragraphs states that LDP is doomed as you state? Please see paragraphs below:

"HM has previously relied on alternative sources of working capital finance to fund the gap between production and payment for the blocks and panels. These sources of financing have now expired and accordingly, Leed has agreed to contribute A$250,000 to a short term working capital facility along with two other Battalion loan noteholders, which will accrue interest at a rate of 12% per annum. The loan will be secured against trade receivables and stock held at the quarrying and processing site of HM."

"We will continue to update shareholders on a timely basis and your Board would like to thank you for your continued patience and support."

Why would Leed not provide funding to a company they are taking over? would you be more satisfied if LDP had funds in the bank and we paid an external party interest for funding?
tasteforlife
Posts: 3,813
Off Topic
Opinion:No Opinion
Price:0.0226
TANK
31 Mar '16
If you can`t accept some people have a different view to yourself then maybe these chat boards are not for you ??
I don't want to see the company fail., why would anyone wish that...I am just pointing out the facts as they are, simple as that
tasteforlife
Posts: 3,813
Off Topic
Opinion:No Opinion
Price:0.0226
SID
31 Mar '16
Read the last two paragraphs of the rns, nothing there to suggest to me HM are in a particularly healthy position, although it doesn't state anything there we didn't know.....
SID001
Posts: 104
Off Topic
Opinion:No Opinion
Price:0.0226
RE: RNS
31 Mar '16
Please explain how the company is struggling? is a business expanding called struggling? Please re-read the RNS, the cashflow situation is due timing of payment from customers - we've only just recently stated delivering the products and cash is tied up in stock and awaiting payment. In the real world you supply the goods and then get paid on agreed payment terms.
tasteforlife
Posts: 3,813
Off Topic
Opinion:No Opinion
Price:0.0226
RNS
31 Mar '16
There is nothing in that rns that we didn't already know anyway.......just an affirmation of the last one that HM are struggling and the fraudulent activities haven't helped the situation.....it may mean they would get a lower price if they did decide to take over but then they would be taking over a company which seemingly is in difficulties, not very pretty at all ....makes me wonder if Leed with hindsight are regretting making the investment in HM, time will tell.
Good luck all
thompson
Posts: 1,302
Off Topic
Opinion:No Opinion
Price:0.0226
buy
31 Mar '16
coming here. Should be good out the other side. Get in there LEED
tank1
Posts: 223
Off Topic
Opinion:No Opinion
Price:0.0226
RE: Rns
31 Mar '16
Definitely should be able to purchase at a lower price due to the fraud which devalues HM, which is good for us as the due diligence checks have discovered the fraud before we RTO.
steve58
Posts: 1,686
Off Topic
Opinion:No Opinion
Price:0.0226
Rns
31 Mar '16
Looks as if they are hoping to get in at a lower price.

Worrying about losses due to fraud but should be covered by insurance.




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