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Wanna buy shares at 11 cents when a £3.50 bid has been tabled? Welcome to the crazy world of Africa New Energy

Tom Winnifrith
Monday 17 July 2017

Back in February 2017 I was contacted by a private company Africa New Energy asking if I wanted to buy shares in a placing at 11 cents. Since the company is run by Stephen Larkin, a man who takes advice from loathsome Richard "Gollum" Gill I was nor rushing to sign up. But then I was told, but we are going to be taken over soon at 350p per share a bid has been tabled! Er... so is this placing not sort of insider dealing I asked?

on ShareProphets | Comments
About Tom Winnifrith
Bio
Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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