300 days ago
I explicitly told you to duck this IPO in November 2021 when founder shareholders dumped 27.4 million shares at 145p and Procook (PROC) raised nothing for itself. Time and time again I have been vindicated and though CEO Daniel O’Neill periodically spoofs the mugs with token share purchases, a fraction of his IPO “winnings”, the shares have continued to slide. Today after piss poor finals and a profits warning they are just 25p. And that is generous.
2838 days ago
According to reports elsewhere in the deadwood press, the appalling left wing Guardian Newspaper is set to report a full year loss of £173 million. That is the good news. The bad news is that the Guardian it is years away from going bust.