Great case Study2 Dec 2008 10:34
All new investors could do worse than look at this share as a valuable learning experience. I was sucked in by posts extolling virtue of superb product(Leakfrog), large order from Thames water, other interested parties etc,etc. So, size twelves on feet and blindfold firmly attached I believed the hype and in I jumped. What i actually bought into was a company whose product has now been trumped by a design promoted by Leakfrogs previous distributor, the big order from TW will last them for two years at current fitting rates, and no further orders have been forthcoming subsequent to that. It was actually quite easy to find all these things out with research, so please when they say DYOR, please do, because there are a few on LSE who just dream, but suck the less experienced in with them. Anyway Strong Sell, but DYOR.