TomWinnifrith
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ZIOC

28 days ago

Zanaga Iron Ore – is this $150m related party transaction really the best deal possible?

I cannot remember writing anything beastly about Zanaga Iron Ore (ZIOC) but I am sure that a 96% share price fall since IPO is blamed by crazy Meg at Bloomberg  and others entirely on my hurty word scribblings. Today it has announced the sort of related party deal which gives AIM such a bad name and leaves battered shareholders, in this £50 million capitalized company, revolting. I do not blame them

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