TomWinnifrith
Welsh Hovel
Greek Hovel
Woodlarks
About

financial engineering

3444 days ago

Greka Drilling Operations Update - surely this company is bankrupt?

AIM Casino traded Greka Drilling (GDL) was born out of Green Dragon Gas (GDG). It was financial engineering designed to create the (false) impression of value creation. An operations update today is noteable for what it does not say rather than what it does because the reality is that this £14.7 million capitalised company is bust and has been for a while. The target price for the shares, now 3.7p, is 0p. Zero.

---
Sign up for my weekly newsletter








Required Reading
  1. Tossers at the Oxford Union think Tory Peer Hedge Fund Manager represents the Despised Working classes more than author & Dagenham firefighter Paul Embery,

     

  2. What's the Point of Private Eye? The Daily Sceptic

     

  3. Obesity will starve the NHS: Unherd

     

  4. Mark Steyn: one year on from October 7

     

  5. The press & the US Election: they see their corruption as heroism - RCP

     

  6. The British elites’ crazy rage against Elon Musk, Brendan O'Neill

     

  7. Oxford Study Lays Bare the Terrible Decision to Vaccinate Children Against Covid, The Daily Sceptic

     

  8. Totally Super-Duper Fine and Normal, Laura Rosen Cohen on fire

     


Recent Comments
I also read
  1. Caroline Glick

     

  2. Mark Steyn

     

  3. Mark Wadsworth

     

  4. Melanie Phillips

     

  5. Order Order

     

  6. Peter Hitchens

     

  7. Tim Worstall

     

  8. Wexboy

     

  9. Zero Hedge