By Nigel Somerville, the Deputy Sheriff of AIM | Thursday 6 February 2020
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.
AIM-listed St James House (SJH), formerly Lord Razzell’s harikiri exercise Boxhill Technologies (BOX), has announced a proposed capitalisation of liabilities, the disposal of MAO for just £1 and new articles. What is immediately striking, however, is the double reward-for-failure for good old Lord Razzall – oh, and the doubling of approved shares capital available to be issued (Placing, anyone?)
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