142 days ago
I think this is bullshit but a former olive harvester at the Greek Hovel sends me a bull case, c/o Matt Levine who is no fool. The problem is that even this sensible bull case which I do not really agree with would only justify a valuation of, perhaps, 2x NAV not the sky high multiples that penny share grifter Andrew Webley at The Smarter Web Company (SWC) seeks to justify. Levine posts…
220 days ago
Capitalised at £53 million at a 43p share price before admitting to financial woes and seeing its shares suspended, money broker Argentex (AGFC) has now taken an emergency loan and agreed to a bid at 2.49p valuing it at just £3 million. Shareholders have been buggered but was it FCA negligence that was the problem. Was the regulator yet again asleep at the wheel?
