Good spot painting, I missed that on my first speed-read! If LCP raise another £100m LDC would be getting £3m per annum in fees, which would almost justify the current m/cap on its own.
And interesting to see SL re-jigging his holdings prior to corporate action. Hopefully this is a meaningful sign that something is up and scheduled for early 2007.
Despite all the ups and downs over the year, LDC is actually finishing 2006 up on 2005, which is more than many shares can say. 2007 will hopefully (at last!) be the year LDC lives up to its promise and delivers.