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Max Petroleum - an utter piss take

By Ben Turney | Tuesday 27 May 2014


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 is an incredible source of guaranteed wealth generation, no matter how appalling your performance is. You can watch your share price dive over 75% in the space of twelve months, safe in the knowledge your next windfall is just around the corner. Of course, these rules don’t apply to the poor saps who buy AIM stocks, but rather the boards of directors who reward themselves come what may. Tom has been on the warpath about option awards recently, but in his absence today it is my turn to take up the banner. Step forward now the directors of Max Petroleum (MXP), if you can drag yourself away from the sickbag!


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