Tom Winnifrith: The Top short sellers, bears and fraudbusters all together on April 1 - don't miss out
Tom Winnifrith Photo Bearcast: Ouzo time as asset strippers crash & burn, MRS scandal and FastForward Joke
Published 128 days ago
Christ I am naive. There was I thinking that all the twitter and Bulletin Board ramping during the past two weeks was there to allow disgraced PR genius Steffi to dump her few remaining shares in this worthless piece of Turkish. Oh no. Silly me. It was a pump before a different sort of dump. A bail-out placing dump. The release is a hoot. It can only have been written by a compulsive liar. Remind me: who does the PR again?
Published 144 days ago
Having pumped up the share price at the start of last week with yet another ramptastic operations update, all rather predictably comes the dump. This morning AIM-listed Frontera Resources (FRR) announced the draw-down of another £382,550 under a Standby Equity Distribution Agreement (SEDA) – for which read death spiral – with YA II PN Ltd (for which read Yorkville). Another wheelbarrow-load of confetti, 402,684,211 shares, has been issued at 0.095p per share. We are told this will be used to advance work programs of the Company.
Published 337 days ago
After issuing 22 RNS announcements this month alone and 63 since February 11 2016 the pump phase is over, next comes the dump at Metal Tiger (MTR)