335 days ago
Shares in utterly bankrupt and worthless Intu (INTU) are up by 10% today. It is one of those days when folks just assume the best in everything. The worst recession since the 1930s, sod all earnings visibility, looming mass unemployment? Who cares? Just Fill Yer Boots! In that vein, shares in Cineworld (CINE) are up by 44% at 57p despite a dismal Covid update telling us nothing we need to know at all. Other than that the board are greedy bastards and you & I are subsidising that greed!
1779 days ago
Finally Nyota Minerals (NYO) has agreed to an EGM to vote on bringing on new directors ( who are credible) and ousting the old board who have been grossly overpaid and have trashed this company. The old board has wriggled for two months in order to extract yet more in fees and will leave the bank account empty when voted out, as they surely will be. We already know that the owners of 40% plus of the equity want the greedy useless bastards out. But still the bastards wriggle.