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WildCat - from mad to double mad to double mad + 22%

By Tom Winnifrith | Wednesday 17 March 2021


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.


This gets more insane by the minute. Wildcat Petroleum (WCAT) shares are up by another 22% at 3.35p today valuing this company which listed with a £2.4 million valuation on December 30 at an astonishing £80 million.  The founder, who paid £35,000 for his stake just fifteen months ago now sits on shares valued at £56 million. Move over Nigel Wray, Jim Mellon et al… Mandhir Singh is Britain’s real Buffett!

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