Richard Wilson

3584 days ago

The Richard Wilson Moment for Avanti Communications and its Contract today” I just don’t believe it!”

When a company issues an RNS which is frankly incredible – that is to say unbelievable on the known facts – that should be a massive Red Flag moment. If that company has a long record of missing targets and burning cash and is also drowning in debt then it is a stinking sell. And that brings me to Avanti Communications (AVN) up at 253p after a contract win announced today. Hmmmmm.

The RNS “Contract win” states:

---

3652 days ago

Iofina: "I don't believe it"

Iofina (IOF) makes me think of the actor Richard Wilson, aka Victor Meldrew. Firstly it permanently has one foot in the grave. And secondly I just don't believe it! Its RNS statements are the biggest joke on the AIM Cesspit, a point I shall be making to AIM regulation and the FCA again this afternoon. As a reminder 

---