funding secured

1778 days ago

Big Dish – at best reckless with its language

I noted a few weeks ago, the way Big Dish (DISH) had issued an RNS essentially stating that “funding secured” (so no placing needed) and then a week later doing a placing and ‘fessing that even with the £2 million it raised it now only had cash until 2021. Was that market abuse? Today it got worse.

1793 days ago

Big Dish – why is this not slam dunk market abuse? Hung by its own words as placing announced

I like the chap behind Big Dish (DISH) so it pains me to say this but as it announces a placing today can it please not tell me why it has not done an Elon Musk “funding secured” grotesque act of market abuse? Let me explain:

2078 days ago

Tom Winnifrith Bearcast: Elon Musk pulls "funding secured" Tesla bid, lies and heads for jail - Tesla shares to crash, a zero possible

Natch the news came not via an official statement but via a blog post at 11 PM, no-one is watching o'clock. Musk is a slam dunk for jail, the rest of the Tesla (US:TSLA) board may join him, and Tesla is finished, it could well be a zero. All is explained in my latest podcast.