AIM listed director lifestyle (sorry oil services) company Vialogy (LSE:VIY) has – as predicted many times by me ended its Autumn ramp campaign of spurious announcements with a placing. The whole thing stinks and it merely delays the ultimate demise of this POS. The company has raised £1.4 million at 1.25p with punters each getting one warrant at 1.25p for every three shares subscribed for. Now here is why it stinks and why you should sell first thing on Monday morning.
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