3274 days ago
Oh dear. Those following flip flop pitchfork Ben Turney and the loons on the LSE asylum and filling their boots with New World at up to 0.85p ahead of “The biggest bear squeeze in history” have today done their conkers. The shares have crashed by more than 60% to just 0.16p bid thanks to two announcements. Ouch, how does it feel being skewered on your own pitchfork? Ask Ben.
First up came the news that New will go ahead with an open offer – for which shareholder permission is not needed – and which is fully underwritten by Cornhill Capital if the EGM votes
3274 days ago
Flip flop himself posted a couple of entries and almost won but I would have been accused of fixing the contest so we can’t have that. As such the winner is Bondholder with a posting, needless to say, from the LSE Asylum
3277 days ago
What a total omnishambles New World Oil & Gas (NEW) has become. Why were the shares not suspended last week as I advocated to howls of abuse from followers of flip flop Pitchfork Ben Turney who now - belatedly - seems to agree. In this podcast I pose some serious questions for the company and its advisers and have a few suggestions on what needs to happen. And a warning for some of flip flop Pitchfork's followers who have piled in.
