Orana

56 days ago

Delta Gold: 2 more monster red flags

With only a million quid or so in the bank and spunking cash hard, Delta Gold (DGQ) is, at 150p, capitalised at a bonkers £97 million and is drowning in more red flags than you see on a May day parade in Moscow. Today there are two more to highlight.

279 days ago

Wellnex, a second CEO walks, financial position perilous – surely AIM Regulation must investigate this March 2025 IPO

I warned explicitly that folks should swerve the 31.75p AIM IPO of Aussie perma dog Wellnex Life (WNX) on March 21 this year. Joint brokers Orana and disgraced SP Angel helped it raise £5.22 million at the IPO, with Strand Hanson acting as Nomad. By May 6 the chairman George Tambassis had quit, on 15th August joint CEO George Karafotia had walked the plank and today…