By Nigel Somerville, the Deputy Sheriff of AIM | Thursday 24 October 2019
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.
Amazing. Yesterday, having promised news on a $13.5 million finance facility at regular intervals since 1 October, AIM-listed VAST Resources (VAST) essentially told us it didn’t know when it would come through. This morning and bingo, its arrived. Its nice to feel the board is fully in control of things. But having told us in December last year that it would not do any more death spirals, guess what! And worse still, the previous clientele of this fine upstanding finance firm appears to consist of the fraud MySquar (MYSQ), and Bushveld Minerals (BMN) back in the days when it was a penny stock dreadful gasping for cash.
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