3023 days ago
Pantheon Resources (PANR) shares have plunged from 140p to just 90p since my pal the bear raider Evil Knievil bought 400,000 of them a couple of months ago - win some, lose some old boy! This is a mug punter fave but if I were a shareholder the question I would be asking is just how much cash is left in the kitty and when is the placing?
3075 days ago
At the Gold & Bears show some speakers insisted that institutional investors were so much smarter than retail investors. I am not so convinced. Just to show you that some mug punters wear expensive suits, meet Richard Penny, a high flying fund manager at Legal & General. After the Globo (GBO)scandal broke Mr Penny stated that the accusations levelled at the app developer were 'the worst I have seen in 10 years'.
3108 days ago
Back in July as David Lenigas raised £4.2 million at 2p for Lenigas Cuba, mug punters like market abuser Chris Oil were told a Standard Listing within 4-6 weeks would raise £5-10 million at 5p. Oh dear, it seems that 13 weeks later the ISDX IPO tomorrow will have seen just £200,000 raised at 5p. Big Dave has bombed! Now wait for the car crash as the maths are dire.