2379 days ago
In a wide ranging bearcast I ask whether the demerger of Afratin by Bushveld (BMN) will necessarily create value for shareholders. Then it is onto the rfead acrosses from Pendragon's (PDG) statement, not least for BCA Marketplace (BCA). Then I look at the scandsalous cash-piss by the evil fake news poll tax funded BBC on Interserve (IRV) and what it means for Interserve. I look at MySquar (MYSQ) and how soon it is a zero, UK Oil & Gas (UKOG), Andalas (ADL) and then onto SalvaRx (SALV) where, the fugitive from justice in South Korea, old Jim Mellon has pumped in more cash but where a real crash crunch clearly looms. Finally a few words on TrakM8 (TRAK)
3796 days ago
The Shareprophets team writes: A number of writers on Shareprophets used to work for and/or own shares in Rivington Street the Plus listed company now going through administration after almost three years of being chaired by offshore Isle of Man investor Jim Mellon. But this process is throwing up a number of questions.
The administrator Resolve has worked with Mellon, who is still refusing to go to South Korea to answer allegations of insider dealing, before on transactions which allowed him to buy assets from companies that had encountered financial issues under his chairmanship, notably Speymill.
Since the middle of this year Mellon has bought four companies out of Rivington.
