2538 days ago
Petropavlovsk (POG) has updated on the attempted boardroom coup – including on its process to appoint an independent Non-Executive Chairman, a further independent Non-Executive director and opposition to the requisitioning shareholder nominees.
2893 days ago
More stilly tweets from free speech deniers Paul Scott prompt a further defence of an unmuzzled press. I deal with Paul's bizarre conversion to totalitarianism and Cyan in a seperate podcast here. Lorne Ebony of FastForward (FFWD) asks you to accept that black is white. It isn't and his shares are a sell. I look at Gable (GAH) where a free press that warned you all is vindicated. Maybe some folks think I should not have let you know? I cover Marks & Spencer (MKS) and its problems before dealing with grossly overvalued Nyota (NYO) and its boardroom coup.
3267 days ago
Lombard Risk Management (LRM) has announced that “John Wisbey has informed the board of his intention to stand down as Chief Executive and director of the company with immediate effect in order to pursue other opportunities”. We understand differently.
It seems very odd that the company’s founder who has worked for it for 25 years would suddenly decide to quit immediately “to pursue other opportunities” - and believe this not to be the case. In fact we know that it is not the case. This was a boardroom coup led by Chairman Philip Crawford who has gained power as now full-time Executive Chairman, apparently “on an interim basis until such time that the board is in a position to appoint a new Chief Executive”. Crawford is a scumbag and this RNS is quite simply a lie.
