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S&P Prepares to Downgrade Avanti Bonds - warns Avanti seeking more debt

Tom Winnifrith Monday 29 February 2016

 

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On Friday Credit Ratings Agency Standard & Poor's stuck the knife into Avanti Communications (AVN) with an alert which should cause all shareholders to run to the hills. Avanti's sole response: to announce a meaningless Turkish contract. S&P is damning. It writes:

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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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Tom Winnifrith Bearcast: Both ADVFN & Versarien forced to fess up thanks directly to my actions

Both Versarien (VRS) and ADVFN (AFN) have been forced to issue major ‘fess ups today directly as a result of my actions. I explain how both cases show just why AIM is not working at all, naming names why the Nomad system is failing you all and what happens next. And yes it is a day of fecking triumph for me and this website.

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