Audioboom Trading Statement: what it says is bullshit what it does not say is more important – placing ahoy
Published 12 days ago
In today's podcast I look at Brighton Pier (PIER) in some detail and am almost tempted to make a small speculative punt on my pal Luke Johnson. I look at Debenhams (DEB) and Marks & Spencer (MKS) and at Imaginatik (IMTK). Finally I have a few questions ( again) about Wey Education (WEY). Oh. There is also a sexist joke in there and if you are offended I really don't give a damn.
Published 851 days ago
At almost no-one-is-watching o’clock yesterday (4pm) a complete waste of space POS on AIM called Draganfly Investments Limited (DRG) announced that it had raised a poxy £145,000 before expenses through the good offices of its Broker Beaufort Securities at 0.8p a share – a discount to the prevailing share price of 27% - representing 35% of the existing equity. Ouch and double ouch. But the whole thing is a complete joke of an enterprise.
Published 917 days ago
AIM-listed POS Golden Saint Resources (GSR) has announced that it I to renew its three exploration licences in Sierra Leone and that it will be making arrangements to pay the fees over the course of the next two weeks. But the detail of the RNS reveals just how desperate the company was for cash at the back end of 2015, and seems to suggest also that there wasn’t exactly a queue around the block outside the Sierra Leone National Minerals Agency to compete for these obviously highly prospective plots.
Published 925 days ago
A month ago Highlands Natural Resources (HNR) announced that it had sold some assets it had bought days previously for $91,000 for £4 million in shares in fellow standard list dog Opera (OPRA) as well as £240,000 in cash. Today that joke deal has collapsed leaving Opera desperately seeking another acquisition and with its credibility in tatters and Highlands needing to explain the lies it has told.