Okay the company is dormant. It does nothing at all. But at least it is honest about that fact unlike most companies on the Casino.
It has net assets of £1 (which is a lot more than many companies on the Casino if their accounts were not quite so bent). And the name…Snake Oil Ltd. Perfect. This company could pursue a buy and build strategy taking over so many companies on AIM and with its name it would be open about what it does.
Sadly I do not think it is floating but if Cenkos is looking for a new client to replace Quindell when it goes bust…
Nominations for who
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