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DeepVerge Interims – demerger will not create value, another spoof from the arse

By Tom Winnifrith | Thursday 22 September 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.

We knew that half calendar year results from Deepverge (DVRG) would be shite for two reasons. One: they always are – this company is a serial dog. Two: there was a specific lack of profits warning. Natch, CEO Gerry “the arse” Brandon, a man who should have been booted off the public company scene for last year’s breach of AIM Rules 10 & 11, fooling investors ahead of a placing, fails to mention the elephant in the room. Instead, there is another spoof.

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