This 17 page dossier from Boatman Capital of Babcock (BAB) fame is just out this very second and is dynamite. I have repeatedly warned folks that Argo Blockchain (ARB) failed the smell test on a number of counts and that its valuation was insane but even I did not dream that things could be this bad. What is not alleged, but proved, in this dossier is dynamite and the shares should be suspended at once with heads forced to roll over what we now know. Of coursemillenial ESG freak fund managers are still drooling over the company appointing 3 women to the board the other day. To them that is far more important than a Texas land deal that stinks to high heaven and a legal dispute which suggests the company has not a shred of corporate integrity. The FCA may well consider a share suspension, ahead of that the shares are a nil brainer slam dunk sell/short This is superb research. Enjoy!
Yesterday, shares in Eurasia Mining (EUA) collapsed, by 50% at one point before closing 40% down at 18p, on news that board advisor Alexei Churakov had dumped 27.4 million shares at 29p. Why do that when a bid is meant to be on the way asked the mug punters? Today there is a statement but it does not wash at all. It fails the smell test.