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Sefton trying to raise £500,000 to £1 million at 0.12p - time to 'fess up scumbags?

By Tom Winnifrith, The Sheriff of AIM | Sunday 14 June 2015


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.


We all know that Sefton Resources (SER) is running out of cash fast - it is down to £250,000 which is not enough to cover either its legal bills in fighting Jimmyliar Ellerton's spurious legal claims or the legal & AIM cash costs of doing a trasaction, if indeed it is able to do one. And so when's the placing?


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