UK 10:01 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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.
In today's podcast I look at what is the critical lesson we draw from Afren's demise - that debt is crack cocaine for CEOs. Then there is the wider issue prompted by an RNS at no-one is watching O'clock Friday from Staffline of executive share options, LTIPs and greed.
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Comments
Bananabob
Tom
Some interesting observations there regarding Afren. The writing was on the wall after the Barda Rash cpr……we had loads of oil and now we’ve got none!
Disgraceful and dishonest behavior which seems to be ever more the norm. Some investing is just becoming a coin toss now all the way up to the ftse 100. I’m sure Tesco haven’t got exclusive rights to black holes
Brian
Superb commentary on share based incentive schemes. Should do a version to be sent to all RemComs. They know few fund managers wish to object and highlight the problem, given their own situations.
I Swear
Ditto Petroceltic and Providence Resources, laughable presentations to encourage investors to buy in but will only except high salaries themselves with no risk attached.