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rivaldo - Tue, 20 Dec 05 :

I slightly undercooked LDC's profit on China Eastsea in a previous post! LDC evidently now have 4.3m shares left, which would have cost them around £375k. These are now worth around £900k, so the profit on the shares of (say) £500k should be added to taht on the options of £440k.

That's £940k of profit on one investment in a couple of months - plus £1m profit on PMK, plus the other OFEX flotations recently...LDC is really proving its model, even without the big CFS flotation still to come.


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