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AfriAg plc and the acquisition where the official records don’t stack up

By Nigel Somerville, The Deputy Sheriff of AIM | Wednesday 16 December 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 shown some anomalies regarding the acquisition of 40% of AfriAg (Pty) Limited (which we refer to as AfriAg SA) by AIM-listed AfriAg plc (AFRI). But there are more and so, just to help Big Dave Lenigas answer the questions – which he no doubt will with full and convincing explanations – here they are. Naturally we wish to help Mr Lenigas clear the air and remove any inkling of suspicion. We are nice guys, and we simply want to help Big Dave clear things up for everyone.


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