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.
I am asked to be nice to Globo (GBO) non exec Gavin Burnell. I am afraid that I cannot be because with reward ( and Gavin had made more than £100,000 a year as a Globo NED if one includes share sales) comes risk. For AIM to work he needs now to face risk as I explain. Then it is onto New World Oil & Gas (NEW) and why some folks are setting themselves up to lose money (again). Finally more bad news for market abuser Chris Oil regarding his latest car crash of an IPO, Mkango Resources
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Comments
MooBoy
Awsome!
Daniel Victor
Perhaps they can lure a glamour stock like Eros International on to AIM.It would be right at home,there !
D_Stone
Finally, someone shines a light on Gavin Burnell and the lazy miscreants that call themselves NED.
Only looking after themselves as opposed to overseeing that shareholders are not being totally screwed.
Awesome once twice thrice !!!
Phil
Mkango hilarious. Even the company logo is wrong, in a normal circumstance should be a leopard not a lion, but in this case a flea ridden stray dog would be more fitting.
I own property around the Mlanje, as I recall it cost me about a quid for an area about the size of Yorkshire, land price in Malawi is cheap, everything in Malawi is cheap, except of course Mkango lol. I can’t stop laughing (true) at this one
Tom Winnifrith
Peter
Yup HSR readers got out at breakeven on NEW 2nd time around. First time they made 350% in 6 days. Not bad eh?
R4E I dont hold. We bought after telling readers to buy. We still hold. We will sell when they are expensive ( ie at 3p plus) not when they are cheap.
#factcheck
T
Barford
Good piece.
I have a question! Should any aim or lse listing be allowed to fail and lose shareholders funds by cancelling their listing and going bust? Surely a system where the listed vehicle (not cash shell) be on failure of original business placed with nomad and etc agreed into a package for sale.
As such a company could buy off the shelf with all necessary elements in place ready for approval of purchase details.
The shareholders would remain on a over the counter package (tradable value?) for say 12 -24 months and would give opportunity to realise value .
Just an idea…..
Also can we have your opinion on Kea Petroleum (KEA) and the news today, and is this a warning of what could happen to Mosman oil & Gas, hey bet Chris Oil is on the dog and bone buying up stock in KEA cos it a value investment for him…
Best wishes..