Thanks for all the kind wishes about my health and that of Joshua, we seem to be on the mend. In today's podcast I discuss Kefi Gold & Copper (KEFI), Skinbiotherapeutics (SBTX), Argo Blockchain (ARB) and - in detail - Victoria (VCP)
Diego Parrilla is an author, engineer and economist and a gold bug.
The bounceback loan scheme of the then chancellor Rishi Sunak was meant to help small businesses suffering a covid hit to get access to funding to see them through. As we taxpayers face the highest tax hit in 70 years let’s look at one worthy recipient, Mark Warde-Norbury, speaking to us from the stately home at Hooton Pagnell which has been in the family since 1704. Mark runs Marechale (MAC) a sub scale investment bank which snuck interims out just before lunchtime, allowing mark time to shoot some wildlife and thrash a few peasants before he speaks to the great unwashed.
Since I wrote about Tintra (TNT), its rule breaking and interim results on 27 October, it has busy with a few new announcements. Is this now a quarter of a billion dollar spoof?
On 7 October Argo Blockchain (ARB) announced a series of measures to raise $39.5 million and claimed that this would be enough to last 12 months. Now I have doubts about that claim but unfortunately a proposed $27 million placing fell through so where is the company now?
Yes. The share price. Up 30% at the start now 17% ahead at 5.4p. That has changed. But anything else?
Both Joshua and I are feeling dire so this is a very short bearcast covering Peel Hunt (PEEL) and the nomad/broker sector and Purplebricks (PURP), a zero after the lastest housing data. Now back to bed.