By Newt Seaman | Tuesday 29 September 2015
Do you remember the ups and mostly downs at TXO? It was booted off the AIM Casino in March 2015 because, rather than accepting the offer of a new Nomad which was conditional on the CEO, Tim Baldwin, and one of the Non Execs, Chris Foster, quietly stepping down, Tim decided it would be better for shareholders for the company to be booted off AIM and seek an alternative listing elsewhere. That has not happened nor has the much promised Annual Report to 30 Sep 14 been produced and is now 6 months late). You may also remember that TXO had a 20% shareholding in Athabasca Resources which was going to list on the Casino bringing vast wealth to TXO, thanks to the great deal Tim did getting in on the ground floor.
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