37 days ago
I am a – wholly vindicated – perma bear of Cirata (CRTA), formerly the Wandisco unicorn fraud. The obscene pay of CEO Stephen Kelly and disgusting way funds in a loss making company are used for things like sponsoring his daughter’s hockey team, the repeatedly missed targets and ongoing cash burn maker the shares uninvestable. Now it seems that some of the peasants who have ignored my repeated sell advice are seeing the light and are revolting. One such shareholder has written to the company and his missive has found its way to me via Winnileaks. Enjoy.
1172 days ago
I guess we will have to wait for the FCA enquiry as the internally driven enquiry by FRP Advisory does not address the key issues at Wandisco (WAND), until recently a $1 billion Unicorn. It appears to be a whitewash.
3211 days ago
The real fear Neil Woodford has is redemptions. The sleazey scoops for blow job articles deals in today's Sunday Times cannot hide that. I look at the absurd valuation of Oxford Nanopore, an unlisted biotech Unicorn, puffed in today's paper but also at the cracks now showing despite the glowing piffle in the same paper's write up on Nomates himself
3234 days ago
Graphite play Directa Plus (DCTA) was not one of the better new issues of 2016. Nomad and broker Cantor Fitzerald earned a good few shekels raising it £12.8 million at 75p in May 2016. The shares roofed it to 200p but the crashed to 32p by early August this year. At that point Cantor's decided to earn its shekels as retained broker with analyst William Game (pictured below) upgrading his stance from corporate "hold" to "buy". Paid for rampers Proactive reports:
3782 days ago
Concha (CHA) has finally done a deal. Chris Akers can call me an old fart who does not understand the world of new media and he may well be right but what he has done appears insane.
Concha has paid £4 million for a 0.43% stake in Ve Interactive Ltd a new media "unicorn" This is not new cash for new shares but shares bought from the founders. The price paid per share (£250) is the same as the last funding round so Concha can claim its decision is validated by VCs.
