Maybe the reason that the analyst's had LEG as a buy is because the current SP is so low. It is also considerably closer to the coast than SDL but the grades to date are very very low (mid 20's)compared to SDL. This is quite disappointing. The grades that SDL has are but a benchmark you could say! Pretty special.
Note: I am also a holder of LEG and am not ramping the stock in way, just offering a suggestion as to maybe why it was listed as a buy.
Thankyou.
Regards, MattW.
SDL Price at posting:
34.0¢ Sentiment: None Disclosure: Held
