Monday October 24, 2016
New Video evidence of Hillary Clinton trying to rig election emerges
Don't Tell the BBC or C4 but Donald Trump is now leading in some opinion polls
The child refugees at Calais who are adults or far worse


, , , , ,

Gotcha! Sefton Resources – The Grim Truth starts to emerge

Share this article with your comrades in revolutionary capitalism

- Tom Winnifrith

IM listed oil producing penny share dreadful Sefton Resources (LSE: SER) has today issued an RNS which is (by its standards) half way to being accurate. Even so, it is pretty grim. The shares have plunged by 14.5% to a new all time low of 1.325p but I remain of the view that they are worth no more than a fraction of that. They are now 99% down from the IPO price a decade ago, during which time chairman Jim Ellerton has made millions of pounds from excessive boardroom fees. But the stock will fall again and again over the coming years as Sefton’s true predicament emerges. I shall explain below why this is a conviction sell.

Read the full article on ADVFN | Comments
comments powered by Disqus

Register here for The Tomograph
Tom's newsletter with original articles and a free share tip of the week, not found on this website.