UK 22:53 Friday, 23 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.
A City source tells me that MX Oil (MXO) is - quite unbelievably - endeavouring to do another placing, this time at 1p.
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Comments
Drunken Sailor
You have more chance of shagging Cheryl Cole than MXO does of raising that much at 1p.
As soon as it was made clear that the buyer was Nigerian, but did not actually have the cash, it should have been obvious that the deal was not going to happen.
Anthony Shardonnay
Drunken sailor, most sane people would have drawn your conclusion.
The way the AIM casino works is that it self perpetuates lies. Once you get hooked in on the stock, you have to help perpetuate the ‘big lie’ You see it all the time on twitter and the BB sites.. Idiots in denial. Didn’t bank robber, levy rip the MXO CEO a new arse hole on this very subject? Says it all about AIM when colourful characters (X Bank robbers) are the truthsayers, while companies are the bullshitters.
Cliff Morris
Tom, Ref MXO deal with GDPC, can you recall your comment on learning of this PROPOSED deal? I’ll remind you, “Well done Stephan Oliver”
Now can you recall my private e-mail to you about the duo involved? I wasn’t wrong.