delist

84 days ago

Today’s ouzo moment at Sheriff Towers – Wheelsure to delist, the gig is up

As you know, I do not like to blow my own trumpet. Modesty really is my middle name and I have no desire to rub the nose of crony capitalist advisers such as Liam Murray of Cairn Financial in it and so it is with real reluctance that I dance on the public markets grave of Wheelsure Holdings (WHLP).

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93 days ago

Tintra – market unconvinced by tender offer & delisting: this whole thing stinks

Tintra (TNT) announced today that the previous possible offer for 100% of the company at 150p per share in cash announced on 7 September was being replaced with a proposed tender offer for up to 29.9% of its issued share capital at 150p per share. Tintra also announced that the Board intends to delist from AIM. This all stinks.

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2177 days ago

Magnolia Shocker - to delist from the AIM casino - why is the board not being sacked?

I have repeatedly warned against investing in Gavin Burnell of Globo infamy creation Magnolia Petroleum (MAGP). Drowning in debt, burning cash and paying vast sums to CEO Rita Whittingham and her ghastly relatives on the payroll this is a dog. Today the company says that it is going to try and sell some of its (crap) assets and to save £100,000 it will delist from AIM. It could save far more by firing its deadwood staff. The shares have plunged 65% and are now just 0.6p to sell. But you should sell. SP Angel guru, the City's No 1 oil analyst Zac "The Knife" Phillips sums up this farce perfectly.

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