Legendary Inv. Share Discussion Threads

[professor pettigrew] 06/4/2017 09:54

Once again, MM's now prepared to start paying more than the published bid.

Our big buyer must be out there again.

[professor pettigrew] 06/4/2017 09:50

Some buying back again.

Something appears to be up..

[professor pettigrew] 06/4/2017 09:39

Thanks KK.

2m buy just gone through. Still feel someone is lurking in the background snapping up stock.

Interesting theory on the LSE site, some poster thinks that "The Edge" may be running in some retailer sites already on a trial basis, I suppose that makes some sense really, a free trial is something that most would take up.

The logic behind his post is that if it's proved to work well (which we know it does) we could get a raft of positive RNS's in a very short space of time regarding acceptance of the VS platform.

Maybe it's why we've seen some pretty big buys in the last week or so.

[kemorkid] 06/4/2017 09:33

Well said Prof -I totally agree.


Nice bit of action yesterday .
Waiting patiently here .

Have a lovely day fellow Leggies and it will come when least expected!!!

[csmwssk12hu] 06/4/2017 08:14

Take a look at HNT breaking out pays dividends restructuring complete fast growing now potential 40%+ rise if it hits 70 imho dyor

[sam the man1] 06/4/2017 08:08

Morning PP

Ive told you, there wont be an RNS for weeks 😄

🍋

[professor pettigrew] 06/4/2017 07:11

Good morning all.

No RNS so far today, but increasing interest in LEG. Waiting for our big buyer to emerge again ahead of news.

Have a great day all genuine holders.

[professor pettigrew] 05/4/2017 18:10

Here's an interesting anomaly.

At the closing price of 0.24/0.25p the mcap is £6.88m.

ADVFN are showing it as £7.30m.

Large buy order not yet showing?

EDIT: On the financials page, it's showing as £6.88m so the official close is 0.24/0.25p.

[professor pettigrew] 05/4/2017 18:07

Evening Gotto. I'm not surprised. I reckon the MM's are a bit short if the truth is known.

A substantial order, say over 20m would require a payment of at least 0.3p per share.

[gottopickapocketortwo] 05/4/2017 18:02

Good day ; bring on tomorrow and the coming weeks and months.Put a dummy order in earlier today to see what it would be to double my holding - let's just say it wasn't in the 0.2's ;)

[professor pettigrew] 05/4/2017 16:31

Well, another decent day to add to yesterday.

Some good healthy two-way trading, up over 10% on the session with the promise of more to come and positive news in the pipeline in my view.

Added a few more today, now exactly 47,685,669.

[professor pettigrew] 05/4/2017 15:33

Will we see another large purchase reported late again today?

[professor pettigrew] 05/4/2017 13:37

MM's soaking up the sells again.

Is our big buyer still in the background furthering his or her stake?

[tini5] 05/4/2017 10:11

Lol, yes of course. Not listed yet.

[professor pettigrew] 05/4/2017 09:37

Shall we say, "VS isn't listed yet"?

There certainly are grounds to reckon that one of the 3 scenarios is going to come to pass:-

1. VS reverses into LEG.
2. VS floats on the market.
3. VS is taken over by a bigger player.

And we STILL haven't heard that much from our other assets. Imagine the reaction here if one of those starts to perform as well as VS has done so far.

And we are still at one THIRD of the target price valuation that Beaufort put on last month.

[tini5] 05/4/2017 09:23

Perhaps VS has been revalued but that info has yet to make it into the wider market. VS isn't listed so not tied to having to release news to market by official channels.

[professor pettigrew] 05/4/2017 09:19

When one looks back to the Mar 3rd RNS, remember the subsequent update from Beaufort Securities put a renewed target price valuation on LEG on 0.7p then, just on the completion of the JL deal and the upgraded valuation of VS>

So, let us suppose we are (or should be) at 0.7p now. Further to that we've had a big buyer sniffing around, the mm's absorbing all the sales and ticking up the share price to boot, now we have strong buying and a 14% rise without any news.

To me, this looks like strong informed buying, not mere speculation although you will always get day traders and the like.

I've been thinking for some time we could be near to quite a major announcement and the recent price action here seems to be confirming that.

[professor pettigrew] 05/4/2017 09:06

Yes tini5, this is certainly a departure from the norm.

Be very interesting to see if the big buyer is at it again today.

[gottopickapocketortwo] 05/4/2017 09:02

3rd on leader board always good to draw attention to us

[tini5] 05/4/2017 08:52

Normally our rises come after news, rarely before. When we have news there's a sharp spike and it drops back. This time however we have a rise with no news.

Can we now expect an RNS to support the price increase and thereby consolidate said rise? I certainly hope so.

[gottopickapocketortwo] 05/4/2017 08:50

Nearly at full ask

[professor pettigrew] 05/4/2017 08:43

At this rate even RTW1 might want to buy back all he's sold.