Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
AIM casino listed Rightster (RSTR) joined the market a little over 14 months ago at 60p. The shares are now 26p but with shed loads of confetti having been issued along the way the company is still valued at £51 million. Not for long I suspect.
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Comments
David Russell
I have built up a list of names that I will watch for when buying a company and at the side of the list the reasons why. History does repeat its self and a lot of these people I have on my list have destroyed shareholders value for many years according to Google searches we have done. I cannot comment on any person mentioned in this article above but I will do a search and I think every small shareholder should make a list on people they have researched and the companies that front them. It’s will be a sad day when a good company with a good Product cannot raise money on any market unless the directors change their name by deed pole.
Cheshirecat
oh but Neil Woodford and Invesco both big shareholders so must be good!
http://corp.rightster.com/stock-information
And why is it nearly every IPO Neil gets involved in is a Cenkos sponsored one!?!!?
Striebs
Saw them make a presentation . Did not invest .
Thought Charlie Muirhead was their biggest asset …. and now he’s leaving