Leed Resources (#LDP) booted off AIM for failing to implement investing policy
- 2016-08-15 23:10:10
I have written some harsh things about Peter Redmond, the chairman of AIM Cesspit listed Leed Resources (LDP) and bought £7.50 worth of shares in his company to attend its AGM today to ask questions and push for his departure. But I guess I am now free to lunch at Maribelle’s instead, because Redmond has this morning announced that he will be standing down as chairman after the AGM with immediate effect. Before I crow, I should say he has, today, acted with honour.
It has taken a while but my broker has today completed the purchase of £7.50 worth of shares in Leed Resources (LDP). I care not what the price is. This is a write-off on day 1. My sole aim is to wave my paper share certificate as I wander up to London to destroy Leed’s useless chairman Peter Redmond at the AGM on 6th February. THIS IS WAR!
I outlined earlier today why Peter Redmond the chairman of Leed Resources (LDP) should be fired at once. If you support crony capitalism on the AIM Cesspit and are happy with the transfer of wealth from the many to the few, you will say that I am being cruel to an old man and should back off. But…
Leed Resources (LDP) has today published its annual results. It is hard to know where to start with the incompetence of the man in charge but my conclusion is simple: for being an expensive and useless chairman, for operational failure, for avarice and for cowardice Peter Redmond should be fired at once.
Leed Resources (LDP) was born from the ashes of Leed Petroleum. Like father like son it, too, has turned out to be overhyped junk.
Leed Resources (LDP) is yet another pointless AIM listed investment company brought to you by the broker that specialises in such POS operations (my old pals at Peterhouse). Today it has served up a shocking statement but will its executive chairman Peter Redmond give a flying fuck? I don’t know – he is refusing to answer his phone.
It may certainly be the case that shareholders of Leed Resources will have been wondering for quite some time when their day in the sun may return, at least in terms of the price action. On this note it can be said that while we may not be looking at the beginning of the end of the wait, it could very well be the end of the beginning - to maul Churchill's words.


