AIM casino listed Rightster (RSTR) joined the market a little over 14 months ago at 60p. The shares are now 26p but with shed loads of confetti having been issued along the way the company is still valued at £51 million. Not for long I suspect.
Last week the founder CEO Charlie Muirhead stepped down as CEO. No reason was given but it was spun to one journalist that he was leaving with a job well done. Methinks not. A full explanation of his stepping down is needed.
Now to the maths.
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