67 days ago
Disgraced Alan Sellars and his other half Samantha Moss have via fees, dividends and dumping stock taken more than £70 million out of Anexo (ANX) since its 2018 IPO at 110p per share. The stock peaked at 191p with the dastardly duo continuing to dump shares onto poor dumb fund managers, the shares are now 57.5p.
79 days ago
The letter is below and is pretty hard hitting, In essence rebels owning c 10% accuse the greedy husband and wife team who own 34% of Anexo (ANX) and offshore fund manager DBAY (which owns 28%) of sitting on information not available to other shareholders and using that to launch a low ball bid. And, of course, although Alan Sellars and Samantha Moss have taken out cash of more than £70 million via share sales, dividends and fees since 2018, the bid is in loan notes. Not a cent of cash is on the table.
85 days ago
Okay I accept that most folks also hold a dim view of journalists but, with the exception of penny share trader and phone hacking crook Piers Morgan, surely we are, as a profession, viewed less unfavourably than lawyers. If not, what is happening at Anexo (ANX), a main market listed law firm should change that view.