Alecto Minerals (ALO) wins today’s prize for the most misleading announcement from the AIM Cesspit with an RNS headlined “”£1 million placing and funding arrangement”. Has Alecto just secured an additional £1 million? Like hell it has. And is it “pleased to announce” this deal. Also like hell it is. It is desperate for cash and this is really last gasp death spiral stuff.
on Shareprophets | Comments