MediaZest – “Project Completion” update, what about some insight on results for a year finished approaching four months ago?
Published 74 days ago
Last week Nyota Minerals (NYO) was “pleased to announce” a placing to raise up to approximately £93,880 (approximately Australian$120,000) at 0.02p per share. Despite this thus looking very much a ‘keep the lights on’ raise, the shares have currently reached 0.07p. Hmmm…
Published 129 days ago
TLOU Energy (TLOU) was once one of those AIM companies that was hugely popular with PIs and was attracting a lot of attention and hype. Now that has now subsided, I can see real potential with this company going forward given the track record of those who are running it.
Published 168 days ago
On April 8 2015 AIM listed Management Resources Solutions (MRS) saw its shares suspended pending clarification after a much vaunted funding package from an outfit called Halcyon Capital Management Pty Ltd fell through. Halcyon and its boss Anton Mentz simply did not come up with the moolah. So who was to blame for this disaster?
Published 407 days ago
Given how Australians are largely descended from criminals you would expect its market for junior resource stocks to be a den of vice while folks in London stick solidly to the rules of cricket. Au contraire. This morning the AIM Casino is again exposed for the laughing stock that it is by events at Metminco (MNC) which is also listed on the ASX. In the country where the criminal gene is dominant, share trading on the ASX was today halted. The company says that:
Published 514 days ago
Trading in the shares of Aussie poltroons, the law firm Slater & Gordon (SGH) has been suspended on the ASX ahead of interim results on Monday with the imbeciles flagging that there will be a material write-down of its British assets, notably the fraudulent businesses bought from Quindell (QPP). Oh dear...this is not going to end well for S&G is it?
Published 618 days ago
And things were going so swimmingly for AIM Casino and ASX listed Oilex (OEX) until this afternoon when it issued a shocking announcement. Oh dear.
Published 630 days ago
Dual-listed iron-ore play Ferrum Crescent (FCR) released its latest quarterly figures this morning and they contain an ominous warning for shareholders. A placement is coming, almost certainly before Christmas.
Published 645 days ago
Entries in Wednesday's caption competition were entertaining as readers poked fun at AIM Regulation's ineptitude over the Quindell (QPP) and the ShareProphets AIM-China Filthy Forty scandals. We have a winner - and a new contest in honour of Xavier "L'Atruche" Rolet, CEO of the London Stock Exchange Group as we celebrate AIM-China execution number 13, ARC Capital (ARCH).
Published 661 days ago
Shares in Xtract Resources (XTR) have fallen 20% to 0.24p today on the company’s disappointing interim results. Xtract has been one of the most hyped stocks of 2015, rising from a low of 0.07p to a high of 0.45p on 1 June. Following the inevitable pullback in advance of 29 June’s placement, the share price settled in a range of 0f 0.215p to 0.3p, only to start rallying again last week. Cynics might wonder whether this was a pre-results pump ahead of today’s dump. Certainly anyone who bought in at yesterday’s high of 0.324p is now nursing a hefty loss, within half a trading session. The question now is can Xtract regain its momentum?
Published 668 days ago
Shares in Vmoto (VMT) are back from suspension on the AIM Casino and ASX after it published a statement which only the thickest of morons and China Norfolk addicts will believe. It is talking shite. The shares are off 18% at 13.5p but the valuation of £20 million is just a rum n coke. Sell.
Published 1086 days ago
I found Monday’s announcement from Tangiers Petroleum (TPET) a little strange. In announcing that the TAO-1 exploration well had intersected its secondary objective, Assaka, but had not encountered hydrocarbon shows “based on currently available information”, the board must have known what would happen to the share price. Predictably, it crashed c.40% over the following few days, to close at 7.13p yesterday. What was odd about this announcement is that the company voluntarily unleashed the dreaded duster phraseology on seemingly incomplete information. This morning, dual-listed Tangiers announced it had requested a trading halt on both ASX and AIM “due to pending results from the TAO-1 exploration well”. This now begs the question why Tangiers didn’t suspend its stock on Monday and wait until Tao-1 drill had reached the Assaka total depth?