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.
Two days ago AIM listed Guscio (GUSC) announced that it had raised £610,000 (before expenses for the crony capitalist broker and nomad) at 8p. The placing was only intended to raise £500,000 but done at just below the offer it was oversubscribed.
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Comments
DGL
Nigel Wray is a great investor BUT one has to query his investments in both this ( Guscio) and Concha……both seem to depend on him backing some old mates / colleagues without visible business plans ??
Craig
You have called this spot on Tom. Guscio just announced an increased investment into Sportsdata Limited. Looks to me like they want this business under their wing fast! I’m in for 20k.
Craig
Although, timed my entry a little wrong with today’s trades! Today’s move looks encouraging to me, unless I’m missing something Tom?
catempire
He’s also a large investor in CTP which has a very solid business model and some decent men running the show!.. He obviously ain’t stupid, can’t imagine he’d be backing any of David Lenigas companies.