I can't think the board wanted this outcome - AIM is risky and the number of startups that ever make a profit is small. Kyrgyzstan is in itself a risky place to do business so with LDP's first investment there was a large risk of failure. On the other hand if it was successful the rewards would have been immense. The events that have unfolded regarding Manas were beyond the control of the board (being a minority s/holder) and that has always been clear - nobody had to buy LDP shares! I chose to buy in as I could see the potential and so did Casop/Uhuru who still hold. Manas didn't work out but they have 2 directors who have access to large amounts of capital. Having looked at the last financial statements (Dec 2012) they have around £500k of investments (excluding Manas)and did have around £1.4 mil in cash - some of that will have been used on the Manas legal stuff and director fees etcc. but they must have a substantial portion of this left. As a guess the market cap at the moment is worth about .005p so we are nearly at that now but personally I feel there is potential here. HUGE RISK but in my opinion there are worse investments on AIM, and the upside in my opinion is bigger than the downside.
what a sad bunch these guys turned out to be ,most people who ploughed their hard earned bucks on the basis the mamas deal would bring hope that the deal would make us a few bucks on our investment ,Sadly a year or so later were tpld the mmanas probly wont ever come to anything is a fecking farce from where im looking ,I probly one of the lucky ones who made a few grand ,,It would have been nice if the bod could have pulled it off ,im sure many more would have back them all the way ,I would have ,,it looks tome we were lead up the garden path on yet another rfantasy of a pot of gold at the end of the rainbow ,This sort of business happens to often on the aim market .When will these greedy muppets learn ,
You're buy doesn't show because the mm's are still rolling about on the floor with laughter that someone would buy this rubbish. I'm also expecting news imminent here with further dilution and possibly more money and share awards for the hard working board, lol, lol.
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