15 days ago
I have again written to the FCA urging it to avoid a billion quid blow up on London’s Main Market. It is quite clear that advisor Strand Hanson does not care about the joke valuation of the Atlas Metals (AMG) proposed RTO or the Hugh Court history of the man who created that valuation. Surely the Regulator cannot approve a prospectus?
16 days ago
Earlier today I showed how the proposed RTO target of Atlas Metals (AMG), Universal Pozzolanic Silica Alumina Ltd had revalued its sole asset from two thousand quid to almost £2 billion with no actual concrete evidence and in a way that defies all professional scepticsm.That valuation is at the heart of the RTO and its architect is Mr Anoup Treon.
16 days ago
I have today asked Atlas Metals (AMG) if any of the directors of its proposed RTO target have ever stood trial on fraud charges. As I await a response on that one, and I am not fishing, I want you to consider the maths behind the most ridiculous RTO ever to be considered by the London Market. I have written to the FCA about this before Christmas, but I have been doing some more digging.