Avanti to delist its AIM casino shares – shareholders lose 99%, founder makes close to £20m
I was once a believer as shares in the satellite company Avanti Communications (AVN) soared to 800p+. But I saw the light many moons ago. Today they languish at 0.5p as the company has announced that it is to delist from the AIM Casino. For six years this website has been warning about this disaster in waiting now we are 100% vindicated. Are there lessons to be learned? You bet....
- By Tom Winnifrith, The Sheriff of AIM
- 2019-08-20 08:14:50