From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

The mystery of the twice-aborted Recycling Technologies IPO and quitting CEO – an expert writes

By Tom Winnifrith | Wednesday 30 March 2022


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.


Yesterday, I suggested why Stifel pulled the second IPO, and accounted for the shock resignation of CEO Adrian Griffiths – just days before the IPO D-day.  An expert investor has written to me with his analysis: he thinks I was on the right lines concerning the bankruptcy of Pure Global Limited – where Griffiths was on the board. He adds, however, far more detail, suggesting the predicament Stifel may have faced, hence its resignation.

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:


Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

CTAI

Catenai – monster dilution

Time left: 13:14:11