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.
Hot on the heels of the Sunkar Resources (SKR) shareholder wipeout, another Kazakh tale of woe on AIM is reaching its pitiful conclusion. Max Petroleum (MXP) really hasn’t received the attention it deserves from this site. This is yet another story from AIM’s resource sector of wanton value destruction and lost shareholder fortunes, amounting to many millions of pounds. By any measure, this company has been an unmitigated disaster, culminating in a crescendo of dire news.
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