222 days ago
In his article yesterday about Tern (TERN) Nigel highlighted Wyld’s weasel words that “the company expects to have sufficient funds to meet its obligations throughout 2023”. If Wyld’s accounts were prepared under IFRS accounting standards or if Wyld were listed on a “Recognised” Swedish stock exchange which would require the use of IFRS, it would not be able to get away with such weasel words but Wyld uses “Swedish Accounting Standards Board’s general guidelines BFNAR 2012:1 Annual Accounts and Consolidated Financial Statements”.
821 days ago
Two days ago, Tintra Acquisitions (TA) diluted the other shareholders in Tintra Plc (TNT) by converting £100,000 worth of convertible loan note into 1 million shares at a bargain conversion price of only 10 pence per share.
1071 days ago
On Friday Iconic (ICON) published on its website its Notice of General Meeting announced via RNS to be held on 15 June – you can see it HERE. It is shoc
1652 days ago
You cannot say that you were not warned repeatedly by this website about AIM uber dog Management Resource Solutions (MRS) as you can see HERE. The latest news is grim indeed and raises the spectre of a complete wipeout for shareholders as opposed merely to being diluted to oblivion. I think we can score this as yet another win for The Sheriff of AIM.
1995 days ago
Following the recent placing, the house - thus not impartial - broker VSA has rejigged ita valuation for Columbus Energy (CERP) in the detailed note below. The price target comes down from 25p to 21.4p to reflect the dilution but at 3.7p the stance remains buy. I agree with the conclusion but am not so sure that the price target is not a tad ambitious.
2092 days ago
Bluejay (JAY) says it knows of no reason why its shares have fallen in the past couple of days. Sorry but that is 100% bollocks. It knows the reason, I tell you what it is and Bluejay's denial is a massive red flag. How did Nomad SP Angel - of MySquar infamy - sign off on this crap? I also look at Pantheon Resources (PANR) where the choice is dilution route A or dilution route B and at Imaginatik (IMTK). I know Vin Murria, of whose fan club I am the founder & life President, walks on stockmarket water but....
2932 days ago
It rather seems to have passed folks by but having failed to raise £6 million in a placing he masterminded a month ago (as leaked emails show HERE), Jabba The Hutt is still determined to see dilution on an unprecedented scale - even by his standards - at LGO Energy (LGO). There is an EGM on Monday 18 April.