RE: Increase shares by 100%22 Jun 2021 19:06
Of course there is a good reason, they need them to eventually increase their holding with bonuses. Hope we are wrong, but people tend to do things for "your benefit" that will greatly help themselves in the end. The new name is not exactly catchy in our view, but can see why it was chosen..
Following the 330pm RNS it had the sellers continuing, with two possible buys. Do they all just want out?
As we have mentioned before we would like some figures from leap, with every one saying how good their sales are, we need to see some decent profit from these sales, or are we being to hopeful? We have had these "stars" in the past which turned in to supernovas. Lets hope it all turns out good, then the BOD will be worth their bonus.
We still go for a strong buy as the NAV must be well above the current SP. Just hope we are not heading down a cul-de-sac but to a six lane motorway. This is our biggest investment in one company, excluding the warrants we held in Perpetual many years ago.