As I predicted before, More dilution of the company to raise fund to pay for themselves. ZK's team and their few chosen closed friends buy those shares at inflated price of 10p among themselves to keep 8PG in the AIM before take it into private hand.
What a time to release this news! when everyone is away on Christmas eve!!
Durv, only a few of us are the saviors from LEG medium size investors and soon Zaf will swallow us, having eliminated the desperate small investors (LEG < 500). It is a pity AIM let people like him to continue to operate in the investment communities....
Zaf the CEO of 8PG managed to exclude all small investors from LEG by consolidating to a newly named company 8PG saying too many private investors which is costing LEG admin extra fee and today its market capitalization is halved. i am sure soon he will be privatising 8PG. Any thing is possible in AIM and Zaf knew that well..
LEG was one of the seed investors in AMED but Zaf still their interim Chairman. someone should investigate Zaf motives because he has been doing well in the expense all of us small investors hard earned money.
I am one of the victim of then LEG and 8PG shareholder with my investment is almost wiped out.
Zaf won't be in no trouble. AMED going private and he will still earn what he is earning and hold high % share of the company which he can also do it to 8PG. We, the shareholders are the losers like the AMED shareholder.
... coming off from AIM. All private investors lose out. Worth noting LEG was one of the seed investors to AMED and its interim chairman is Zaf with £57,000