I will now demonstrate how LGO Energy (LGO) appears to have mislead investors in a cavalier and wilful fashion on a very material transaction and fund raise in 2014. It appears to have breached AIM Rule 11 flagrantly but does anyone care any more? Is the Sheriff of AIM the only person left who actually reads the AIM Rule book and takes it seriously?
On 16th July 2014 LGO announced the potential purchase of a producing field (Trinity-Inniss) - boy it looks like a good deal and the shares ticked up.
on ShareProphets | Comments