DEI

80 days ago

Trellus Health: another AIM disaster shows what happens when illiquidity meets a death spiral with an added dose of DEI hiring – and a question for Lyin’ Steve O’Hara

Trellus Health (TRLS) was admitted to the AIM casino in May 2021 at 40p per share. Over the past five years it has provided rich pickings for fat cat directors and crony capitalist advisors but, of course, not share shareholders. The shares were suspended today at 0.12p “pending clarification of its financial position”

137 days ago

The FCA is looking for 2 NEDS – should I apply?

Okay I might have to ‘fess that I had, er, a “friendship” with a senior official at the FCA back in the black and white era but would that really compromise my independence? For a screw of £35-45,000 a year for a couple of days a month I can think of worse jobs. The thing is that NEDS are meant to be independent and I can think of nobody who is more independent of the FCA and willing to hold it ton account than myself. The job spec is clear:

248 days ago

Tom Winnifrith Bearcast No 1: at long last back from DEI games with the Shipmans and Tullow , shortable to 0p?

I report back on a long morning with the Shipmans and then consider whether Tullow (TLW) shares are 80% overvalued or will go to 0p.