If life at AIM's most entertaining stock could not get any more bizarre we learn today that my pal Clem Chambers, the boss of ADVFN (AFN) - our business partner - has joined Brokerman Dan on the board of Sefton Resources (SER). Clem is not an oil man but will no doubt offer Dan valuable guidance on corporate governance issues.
Meanwhile Sefton (net assets minus a few quid) has raised £900,000 from lucky clients of Cornhill at 0.55p and a few more bits of confetti to clear some of the liabilities left by Dan’s predecessor Jimmyliar Ellerton who had to fall on his sword after he sued Dan and me for libel for calling him a lying crook. Jimmyliar’s great problem in that case was that we were bang on the money.
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