institutional investors

1773 days ago

Optibiotix new financial advisor/broker – no it's not placing ahoy

I have known that this move was in the offing for a couple of months. Quite simply the official broker to Optibiotix (OPTI), that is to say finnCap, is useless. But an AIM company needs a retained broker so it stays in place. However it is not publishing research nor is it putting forecasts into the market nor is it getting secondary buying of the stock by institutional investors. Finncap is FinnCrap…

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3639 days ago

Legendary Investments Announces Successful Placing but talks bollocks

AIM Cesspit listed Legendary Investments (LEG) has today issued a release headlined “successful placing”. How does it define success? Meanwhile , how I define “talking complete and utter bollocks?”

Legendary has raised £900,000 at 0.11p with “a range of institutional and private investors” In plain English that means bucket shops and other flippers. The chances of one finding that Fidelity, Black Rock and Berkshire Hathaway have joined the shareholder register are somewhat slim.

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