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.
Previously commenting in February on drone company Strat Aero (AERO) with its shares at 3.75p, I noted a somewhat rampy tone and that the latest developments were possibly a precursor to fundraising ahoy - see HERE. Much has happened since - and a further development today sees the shares currently more than 13% lower...
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Comments
Drunken Sailor
“The only sure fire winners are going to be the lawyers” no shit Sherlock and with the case taking place in the US that is a double no shit. Great pantomime for those on the sidelines though. If anyone can find out which court in Texas, then it is probably possible to get access to all the filings online, as US generally does freedom of information much better than us.