Charlie Muirhead

3373 days ago

Is Rightster a Wrongster?

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.