1647 days ago
At the recent ShareProphets Shares Conference, PrimaryBid CEO Anand Sambasivan emphasised its expanding reach – this is shown today by a fundraising from FTSE 100 catering and other support services group Compass (CPG) including a “Retail Offer via PrimaryBid.com” Thus Anand’s company is now officially in the big league and if you have not registered for free you should do so at once HERE
2598 days ago
On September 15 2017 I explained why the folks who run Applied Graphene Materials (AGM) were slam dunk proven liars and predicted a bailout placing. Hey ho. Vindication did not take long. Today we are told that there is a book build on a placing to raise £9 million + at a minimum of just 36p with a £1 million open offer also planned. The shares have crashed by 23p to just 40p bid. Another win for the Sheriff.
4403 days ago
Yesterday I warned that Aureus Mining was going to have to raise stacks of cash. The deluge of upbeat RNS announcements told you as much. And I advised selling at 57.5p. This was met with stacks of Bulletin Board abuse from folks insistent that I did not know what I was talking about. I suggest scores on doors after 24 hours: TW 1 BB Morons Nil. As today the company has ‘fessed up saying it plans to raise $80 million via issuing new shares. For a company capitalised at £60 million ($95 million) that is a huge ask and there seem to be all sorts of risks here. I would almost be tempted to go short here. If I own the stock I would sell. Here is why.
