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Sefton – Victory for Team Market abuser Chris Oil. Or is it?

Tom Winnifrith Tuesday 29 September 2015

 

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We all knew that at the October 6 EGM, team Chris Oil would win and that the current directors – bar Jossy Rachmantio would be booted out to be replaced by ADVFN’s (AFN) Clem Chambers and Mike Hodges.  Sefton (SER) has now thrown in the towel but the drama is far from over.

Oil and Comrade Dan Levi have now withdrawn their EGM requisition and Jossy has agreed to welcome Chambers and Hodges to the board at some time in October. At that point Nomad Allenby will quit.

If no new Nomad steps up then Sefton will be slung off the casino. Today Sefton stated:

 
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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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FREE Podcast: ShareProphets Radio Edition 25 with Tom Winnifrith & Flip Flop Ben Turney

My guest in this week’s show which is sponsored by Open Orphan PLC (ORPH) is a former editor of this website Flip Flop Ben Turney. We discuss the problems with AIM, New World Oil & Gas, Nostra Terra (NTOG), touching on the mud being slung at Ben by some folks but on the real issues that company faces, on Touchstone Exploration, Big Sofa (BST) and many other matters, notably AIM PLC director expenses. I also discuss companies who switch Nomads too often. Yes that includes Versarien (VRS) and its forced change of today. If you like this podcast and can’t wait seven days for more of the same and are tired of being a cheapskate you should listen to my Bearcast every day.

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