IMHO the acquisitions from within the industry appear to make sense but LGD became unsexy back in 2009/10 when they scrapped their dividend policy for about 18 months and have never regained the love. AHZ, (could well be another Cochlear one day) which I hold, on the other hand continually turns fruit salad into pig sh*t and stays sexy as ever.
News: LGD Legend Corp says NPAT for year ended expected in the range of $5.1 mln to $5.5 mln, page-12
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