Gone, 3 Months to go...tops...(well roughly anyway)..Due Diligence is, as I understand from fairly recent comms I've had, still on-going so just a matter of sitting it out. I'm pretty confident this will pick up with a fresh start. I think CHZ and the gang are doing this the right way which makes a change for LDP given their predecessors legacy.
Plenty of upside if we can demonstrate we are a serious investment vehicle and CL can improve their margins. In my experience, companies that have done this successfully usually rise quite quickly 3x to 5x panicked pre-suspension price within a few weeks of re-opening on day trading then retrace back for a while before they begin to grow more sustainably at a slower rate back to same levels as traders get bored. Fingers crossed the deal goes through and we get something meaningful back for our patience. It is obviously impossible (and ridiculous) to predict a price accurately given all the unknowns, but assuming no PI trouncing/consolidation deal etc etc, I can realistically see this making 0.12p on enterprise value if we get a levered deal and good news stream on revenues before retracing back to a favourite 0.06p! Anything is better than zilch! To quote Eric Idle.."always look on the bright side of life!" RD
there are many in here with a much higher average than yourself, if your average is .5 then maybe you stand a fighting chance of maybe getting your money back at some point....I m in at .12, not holding my breath on making profits these days with ldp, but you never know, stranger things have happened. Hope all is good with you bud....:-)
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