Yesterday I suggested that Iofina (IOF) of which I have been a long term bear was deep in the merde, running out of cash, needing a placing and set to issue a profits warning. Well I guess that is another victory for home team Winnifrith vs. the Bulletin Board Morons as the company has not wasted time with its first warning. Gotcha!
The statement today says that following the construction of the sixth iodine plant Iofina is going for a bit of a changeroonie of plans. The statement crafted by its dickhead of a PR man fesses up:
on Shareprophets | CommentsFiled under: