It has taken a while but my broker has today completed the purchase of £7.50 worth of shares in Leed Resources (LDP). I care not what the price is. This is a write-off on day 1. My sole aim is to wave my paper share certificate as I wander up to London to destroy Leed’s useless chairman Peter Redmond at the AGM on 6th February. THIS IS WAR!
Redmond is a crony capitalist. He chairs several AIM companies, trousering well over £100,000 a year in total for doing sweet FA. Where his companies have made big investments they have to be written off - Leed onto Manas Coal & (Dead) Kennedy Ventures into Bison Energy.
In the case of Leed,