By Nigel Somerville, the Deputy Sheriff of AIM | Saturday 10 October 2015
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. 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.
We have already pointed out how AIM-China Filthy Forty member, Northwest Investment Group (NWIG) – the investment company which doesn’t invest – has frittered away stacks of cash on plc costs and achieved precisely nothing by way of meeting its investment goals so far see HERE and HERE . But one eagle-eyed reader has spotted a few more things which merit a wider audience. Yes, ‘David’ is back with another down and dirty look at the details given in accounts. Oh dear. He writes….
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