By Tom Winnifrith | Wednesday 11 December 2019
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.
Any time someone registered via this website takes part in a Primary Bid offering we earn a few quid and so for that reason I urge you ALL to sign up HERE as, now and again, Primary Bid has some good offers. Today’s offering to raise cash at 0.1p comes from Premier African Minerals (PREM) is not such an offer. In fact...
The money raised will be used for "working capital" says Premier. For that read "ongoing losses." This is a company happy to see its shares inflated by bogus press reports run by a grossly overpaid corporate slug George Roach. He prospers while shareholders always get buggered.
I'd rather admit defeat with regard to Cheryl Cole than take part in this offering. It is that bad.
Though it is not in my financial self interest to say this, avoid this offer like the plague but please sign up for others HERE
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