As a weekend treat I canter through the biggest fallers on the market on Friday and look at which ones seem certain to issue new shares -probably at a big discount - over the coming months. It does not take me that long to come up with more than a dozen names and make a few observations about other matters to do with bears, shorting and the fine firm that is Daniel Cesspit along the way.
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
David Russell
You mist one out Tom, R4e. They said they are in discussions with the Company’s bank and third parties on how best to restructure this bank loan or replace it. Its a shame if they raise money from a number of larger investors and say its best for all shareholders. I thought they was doing well.
DUCK AND DIVE
Ironically, the plc most desperately in need of cash, judging by its recently published accounts, is USOP on GXG; but their shares are suspended for an investigation into a potential disorderly market and for an independent due diligence report which could take months (assuming USOP can find the cash to pay for it). Meanwhile, their deluded BB rampers continue to insist that CEO, Brian McDonnell is playing a blinder.