By Peter Brailey | Thursday 29 July 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.
I wrote in March about Powerhouse Energy (PHE) Chairman Tim Yeo being in court to answer claims related to TMO Renewables Ltd. Not only has he been found guilty of failing to appropriately discharge his fiduciary duties, he was also found by the Judge to have been telling a series of Porkies. With the Judgement handed down on the 20th July how on earth can he remain the Executive Chairman of an AIM listed company or indeed the Director of any listed company?