536 days ago
At 9.07 PM last night I revealed here that Applied Graphene Materials (AGM) was working on a placing, trying ( I stress trying) to raise £3 million at just 2p as against a 10p bid price. I flagged my piece up to the PR bunnies at Hudson Sandler and so ensured they all had a late night as today there is a response to comment on “an article published on the ShareProphets website on the evening of 7 November 2022 regarding a possible equity raise.” Timber!
814 days ago
About 24 hours ago I asked Lucy Wallam of Hudson Sandler if she could get a response to a rumour I had heard that her client, Fulham Shore (FUL) is endeavouring to sell its, in my view rather grotty, Franco Manca chain.
2048 days ago
Cynical Bear warned you that the 62p per share, £63 million, IPO of Mirriad Advertising (MIRI) would cause tears before bedtime. Obviously not for IP Group (IPO) which was able to justify its daft pre IPO investments in relation to that crackers listing price. Nor for Nomad and broker Numis or PR parasites Hudson Sandler which will have earned fat fees for the listing. Coke and hookers all round for the crony capitalists. But for anyone dumb enough to buy the stock since the IPO this has been a horror show. The shares are now just 30p mid, they have more than halved in ten months on the AIM Casino. So what’s today’s news? It is bad, natch.
