LGD 1.75% 29.0¢ legend corporation limited

I too have been watching them for some time. Negative cashflow...

  1. 2,218 Posts.
    I too have been watching them for some time. Negative cashflow is of course not unusual if the expansion phase of a company - its OK if debt levels don't get too out of hand and return on that investment is OK over the medium term.

    I did not invest at the 55c mark because I simply did not have the funds, plus I didn't know enough about the industry (particularly possible competitive pressures and robustness of demand growth). Good luck to holders.

    angus
 
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Currently unlisted public company.

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