AIM Casino traded Greka Drilling (GDL) was born out of Green Dragon Gas (GDG). It was financial engineering designed to create the (false) impression of value creation. An operations update today is noteable for what it does not say rather than what it does because the reality is that this £14.7 million capitalised company is bust and has been for a while. The target price for the shares, now 3.7p, is 0p. Zero.
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