ASX

76 days ago

Georgina Energy and the Aussie deal – do the maths, they just don’t stack up

We still have no word about the spoof X posting Georgina Energy (GEX) issued on Friday. That stink and the silence that has followed on its own makes the shares uninvestable. But there is another issue, the maths behind its proposed purchase of three licenses from ASX listed Central Petroleum Limited.

79 days ago

Wellnex Life – terminal cash crunch expected in April 2026 ( or sooner)

Today ASX and AIM Casino listed Wellnex (WNX) announced the following on its loan repayment from its departing CEO:

341 days ago

As Biome becomes the latest dog to leave the AIM sewer you have to question any company joining: meet Aussie howler Wellnex

Shares in Biome (BIOM) have plunged 60% to 1.5p as it has announced that it is set t leave AIM. The reasons are the usual ones cited: lack of liquidity, Mr Market not valuing it fairly, can’t raise capital, costs. So Biome is going private where it reckons it will flourish or it may just die away from the publicity of public markets. We hear this story almost every day so why would anyone want to list on AIM?

1601 days ago

Good news travels fast bad news is delayed – its Salt Lake Potash again

Shares in Salt lake Potash (SO4) have been suspended on the ASX since 27 July although on AIM they have traded since 29 July allowing anyone with half a brain cell to get out. The cause of that suspension was an admission of technical issues which meant a delay in production which, in turn, meant that without new funding Salt Lake would crash land in tits up alley by Christmas. As the meeting with the Fat Lady draws ever closer we have news today. Or rather lack of news on that financing.

2135 days ago

Rats rat on David Lenigas & Doriemus

Oh dear, oh dear, oh dear. Formerly AIM then NEX and now ASX listed sub scale resource dog Doriemus has today learned a valuable lesson: whan a rat says that his word is his bond, or indeed actually signs a placing letter, that means nothing.

2750 days ago

Another question for Julie Meyer - who got the Norwood Systems dosh and why sell in a closed period?

Maybe Julie "Lingerie on expenses" Meyer MBE has other problems to consider? Take it from me that she does. There is more to follow, the wheels are a turning. But perhaps she or her uber expensive bully boy lawyer Julian Pike might answer a simple question for me. It relates to ASX listed Norwood.

3512 days ago

Metminco - AIM shown to be a total joke as shares in London soar after Aussie suspension

Given how Australians are largely descended from criminals you would expect its market for junior resource stocks to be a den of vice while folks in London stick solidly to the rules of cricket. Au contraire. This morning the AIM Casino is again exposed for the laughing stock that it is by events at Metminco (MNC) which is also listed on the ASX. In the country where the criminal gene is dominant, share trading on the ASX was today halted. The company says that:

3625 days ago

Slater & Gordon shares suspended - Castlemaine XXXX & popcorn Monday with results

Trading in the shares of Aussie poltroons, the law firm Slater & Gordon (SGH) has been suspended on the ASX ahead of interim results on Monday with the imbeciles flagging that there will be a material write-down of its British assets, notably the fraudulent businesses bought from Quindell (QPP). Oh dear...this is not going to end well for S&G is it?

3779 days ago

Vmoto shares back trading – its avin a bubble if it thinks we’’ll buy this shite

Shares in Vmoto (VMT) are back from suspension on the AIM Casino and ASX after it published a statement which only the thickest of morons and China Norfolk addicts will believe. It is talking shite. The shares are off 18% at 13.5p but the valuation of £20 million is just a rum n coke. Sell.