NMC Health – founder and two associates walk the plank with immediate effect in wake of shares scandal
Pembridge Resources (PERE) today issued a production update for the latest quarter up to the end of 2019, and based on the figures contained within that, many are struggling to understand why the company isn’t valued more highly.
It was Cynical Bear who celebrated the fact that Pembridge Resources (PERE) – now of the Standard List (but suspended) had achieved the dubious honour of being both a ShareProphets AIM-China Filthy Forty company and on its transfer to the Standard List made his own Sub-Standard XI. Last night, at no-one-is-watching (except ShareProphets, naturally) at 5.51pm the company released its FY18 results. To say they were truly shocking would be the understatement of the year.
Having commented earlier today on the flourishing growth of the Standard List due in part to tougher rules on AIM, it felt appropriate to start covering a perfect example of such a company, namely Pembridge Resources (PERE) , which is currently moving from AIM to the Standard List. To be fair though, on an initial glance, there’s a lot worse in my Sub-Standard Shockers XI.
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