Keyword results: Simon Gorringe

ADL
ADL
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Is Andalas over-egging the Badger pudding? Another pre placing ramp exposed

I do not wish to fall out with my pal Brokerman Dan or with PR Genius Steffi but I think that their enthusiasm for Andalas Energy (ADL) is misplaced because the company is just not being 100% upfront with investors about its new great hope, the Badger prospect in the North Sea.

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ADL
ADL
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Andalas – The greed of scum City advisers laid bare as another post ramp bailout placing announced

That insolvent Andalas Energy (ADL) is undertaking a placing is no shock. It is insolvent with negative net current assets of  at least £400,000 but thanks to some fairly sordid share ramping it has managed to raise a gross £1 million at 0.02p. The ramping of shares in this company with worthless assets is pretty unpleasant but what is laid bare in the news is the sheer greed of City advisers notably brokers Novum – of Jon Belliss and Gavin “I made £750k from Globo - Burnell infamy – and Optiva.

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