Legendary Investment (LEG) recently announced that Virtualstock (VS) has appointed Robert Knott, formerly National Director of NHS Procurement as Director of Healthcare and Public Sector.
As you may well remember LEG holds a 7% stake in VS. VS had in July, 2015 entered into contract with NHS Teaching Hospital Trust.
I see this as a good progress and hope to see more contracts signed with NHS covering wider areas of procurement and distribution.
LEG has always been in the 0.08 - 0.09 pence range, but we are seeing a lot more consistencies in the 0.11 - 0.14 range.
LEG is still a good buy and hold story provided you have a wider time frame; ie: 3 - 5 years.
My disclosure: I own shares of LEG
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