what next..., page-4

saxien...

Yes, but it can work both ways.

It is hard to see exactly what they are trying to achieve...but as evidenced from your own post, this kind of "activity" can spook the market to sell as easily as it can encourage it to buy!

I know you don't like me posting scenarios...but here is another one I have been nutting out...

What if the current placement is for "mates" of Creasy...and what if these mates have also been buying up recently on market...and what if they keep buying up after the placement?

No what if...after everyone has had their fill from what's left of the LEG carcase...it turns out that only some 30% or so of the company is in the hands of those not associated with that man "Mr Creasy"???

What if the "master plan" is for Creasy and Co to eventually buy out the remaining shareholders, but only to do so after all the money has run out and drilling has achieved it's original purpose...then de-list?

LEG would be like their very own, shareholder funded, private piggy bank!

Food for thought?

Cheers!