9 days ago
A reader whose opinion I respect writes to me about Prospex Energy (PXEN) and ramping by Charles Archer. I start with the comments from reader TP and then offer a few thoughts of my own. Suffice to say that at 6.2p, a £27 million market cap, the shares are a screaming sell as, by my maths, all the money’s gone and a placing is imminent. A reader writes:
311 days ago
I start with the looming joy of a Carol service for the school at the village church, then various Versarien (VRS) related Issues and Kefi Gold & Copper (KEFI) before I turn to Prospex Energy (PXEN) where there is serious Monkey business being done and which is drowning in red flags. In detail I explain why as you look for a sell in next year's readers tips contest you could do an awful lot worse.
1887 days ago
The writers on this website have warned folks that Prospex Energy (PXEN) is a dog with fleas so I hope that none of our readers are invested in it. But for those who are unlucky and unwise enough to own the shares ( because, as ever, they always know better than those tossers at ShareProphets), there is now an unenviable choice of management.