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New World Oil & Gas EGM votes No - Shares to stay suspended as Omnishambles rolls on

Tom Winnifrith
Wednesday 20 May 2015

At No-one is watching O'clock ( 6.29 PM) the news finally came through. Congratulations to Ben "pitchfork" Turney - the EGM of AIM casino posterboy New World Oil & Gas (NEW) has not passed either proposal made by the board.

The two motions needed to get 66.67% of those voting to pass. On the placing the yes side managed to get to 50.7% on the handing out of warrants like confetti to adviser motion they got to just 31.94% - thus both motions fail.

on ShareProphets | Comments
About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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