All Stories

TrakM8 - Crazy valuation & bonkers acquisition pre Christmas - one to short

Tom Winnifrith
Wednesday 20 January 2016

On 21st December - as all normal folks were not watching - much ramped AIM casino telematics play TrakM8 (TRAK) announced the £9.1 million purchase of Route Monkey Holdings, a transaction which is nonsensical - if one bothers reading Monkey's 2014 accounts - but given that Trak's own shares are ludicrously overvalued who really cares?

on ShareProphets | Comments
About Tom Winnifrith
Bio
Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
Twitter
@TomWinnifrith
Email
[email protected]
Recently Featured on ShareProphets
Sign up for my weekly newsletter








Required Reading

Recent Comments


I also read