When the next NHS contract hits VS, nobody will be too concerned about what Zaf has paid himself (I happen to agree that £160k is a bit toppy).Great opportunity to get in around these levels with a significant discount to the last placing.Investors were happy at .30p.What`s not to like about .22p and transformational news to come.
Always a good idea to replenish the coffers on the way up.Last placing at 0.30p.I would not object to raising a few quid for further investment when we hit 0.50p and beyond on substantial news.Multi-bagger written all over it from these levels.
From the unaudited accounts to Sept 2016: ``Legendary ended the period with £4,269,000 (2015: £4,389,000) of investments, £516,000 (2015: £161,000) of cash, £4,854,000 (2015: £4,296,000) of net assets, and £4,960,000 (2015: £4,559,000) of total assets``
I`m very comfortable accumulating at these levels ahead of VS news.Cannot see any requirement for a placing. 3 placings over the last 4 years stacks up very nicely against the majority of AIM shares.
Good to see the SP turn blue and note the mm`s are hoovering up any sales and paying over the bid.Newsdrop and off we go. GLA
I'm not so sure I'd feel comfortable adding more shares right now, Zaf LOVES a good placing and I'd fear getting shafted via dilution. That's because LEG will need cash and it's highly unlikely that it'll be coming from VS, they're going through growth right now and they'll need all the cash they can get. I'd consider buying more shares after dilution, depending on the cash position at the time and the likelihood of another placing/shafting.
My point is that the VS Board will have no interest in information flow to LEG shareholders. They will run their business for the benefit of THEIR shareholders, not LEG's. When those interests coincide we will get news.
A bunch of people on a chat room are their shareholders. Way to render yourself useless. You own part of that company if you are invested.
A company has a duty to shareholders. They don't have to do anything, however i am sure people would appreciate responses to their emails or contacts or even a simple tweet.
I don't get your point about LEG being listed? Does that negate them from communicating regularly with shareholders? or not doing any work?
The world has changed. Social Media is a great medium for companies to post a 2 second message that keeps people in the loop and attracts new investment. What company doesn't want new investment? Or to keep shareholders happy and wanting to invest more.
A lot of people invest without doing solid research which is ultimately why so many people lose their capital....
I spoke to Zaf by the way at the AGM for a good 40 mins. I was the only one who went by the way, so calling me a day trader. Well...
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