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By Ben Turney | Thursday 21 May 2015
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Tomorrow’s AIM-related headlines will be dominated by news of New World Oil & Gas’ (NEW) resounding shareholder rejection of its highly controversial placement. While this is cause for much celebration, this story is far from over. New World’s board appears determined to push ahead with the proposed open offer, to save the reckless forward sellers, despite such categorical resistance from the company’s rightful owners. The situation is now more explosive than ever, as illustrated by the figures from the vote.
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