UK 22:41 Tuesday, 22 September 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.
I've got more bad news for fraudster Rob Terry. No, it is not the Serious Fraud Office & Quindell (QPP). That is for later this year but probably Rob won't have to wait that long for the 6 AM knock. This time it is Daniel Stewart which is almost 10% owned by Rob's new ponzi Quob Park Estates. It seems as if the cash burning broker is now out of cash and has had to start borrowing just to keep afloat. Pro tem. Oh dear.
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Comments
127tolmers
Tom, DT has a bit of your story. I suspect the director is a lady. (binte is a clue)
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/11376571/Daniel-Stewart-gathers-1.5m-to-fill-its-capital-shortfall.html
What do you think of the SID and chairman of the audit committee who jumped ship?
In new parlance he was overboarded by virtue of having more than 5 directorships and “overboarded” himself.
Drunken Sailor
The RNS the DT article refers to is here:
http://www.investegate.co.uk/daniel-stewart-secs—dan-/rns/fundraising-and-regulatory-capital-resolution/201501290700194328D/
Bizarre stuff. AIM listing cancelled on 22 Jan but the way the RNS reads you would think they still had an AIM listing. 0.4p issue price – makes RT “buy” to get back to 10% look fairly silly. Especially as this massively dilutes him.
It says Westhouse securities are the Nomad, but Westhouse are not an AIM Nomad:
http://www.londonstockexchange.com/exchange/companies-and-advisors/aim/for-companies/nomad-result.html?initial=W
Do you think they might have pulled a fast one on the Binte and pretended they were still listed?
Drunken Sailor
DT article and RNS are from 2015 Doh!
It does look like the Binte has ponied up some more cash but this time is not looking at converting to equity, she wants everything not just a load of worthless shares.