Success in business, investing and life in general revolves around seizing opportunities, whilst equally trying to neutralise any associated risks. As illustrated in yesterday’s trading update by Rosslyn. Here in September, the company acquired the IP, software, assets, client list, contracts and domain names of Langdon Systems Ltd for a mere £48,750 - directly from the administrator. Obviously this type of thing is not for the faint hearted, since it requires having both the guts to act decisively under pressure, along with the skills to implement an effective turnaround (re contract novation & rehiring key employees), for a business that was clearly on its knees.
12 Dec 2019
On track to hit FY20 expectations
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On track to hit FY20 expectations
Rosslyn Data Technologies PLC (RDT:LON) | 10.2 0 0.0% | Mkt Cap: 1.81m
- Published:
12 Dec 2019 -
Author:
Paul Hill -
Pages:
8
Success in business, investing and life in general revolves around seizing opportunities, whilst equally trying to neutralise any associated risks. As illustrated in yesterday’s trading update by Rosslyn. Here in September, the company acquired the IP, software, assets, client list, contracts and domain names of Langdon Systems Ltd for a mere £48,750 - directly from the administrator. Obviously this type of thing is not for the faint hearted, since it requires having both the guts to act decisively under pressure, along with the skills to implement an effective turnaround (re contract novation & rehiring key employees), for a business that was clearly on its knees.