Thursday May 23, 2019
Photo Article - a Woodlarks training walk up the River Dee
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PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Fastjet: chairman walks in disgrace it is almost out of cash just four months after £15 million placing

Please share this article with your comrades in revolutionary capitalism

- Tom Winnifrith

In late July of this year AIM listed basket case African airline FastJet raised £15.2 muillion at 50p. Wind forward to two days ago and the shares were just 18.5p but then started falling sharply to 16p last night and this morning came the disastrous admission. Naturally there is no insider dealing on the world's most successful growth market. The shares are now 14.5p and will sink lower as it has all gone horribly wrong.

Read the full article on ShareProphets | Comments
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