This has got to be the weirdest story of a public company I've seen. There has to be some seriously grumpy financiers in the background, some even grumpier shareholders who for some reason thought the odd capital raising was a safe enough bet to pour in more money, and some plain old shareholders who want some answers...
I couldn't make sense of it in a posting way back, and still can't...
But if this is the template, I'm thinking of floating my civil construction company, pegging a bit of land in say... I dunno... Guinea will do (I put some money into a start-up there some years ago, and was lucky enough to get out with exquisite timing and a very modest profit. Everyone else just ended up with a warning they can one day give their grandkids.. - 70p down to .4p), make lots of happy predictions, get Johndone to do my PR work, have lots of cash raisings, buy a bigger boat than Stashes along with a tropical island, more cash raisings, more Johndone....
Any takers?? shares will be cheap - $50.00 - so I can make the downside drag out a lot longer and die a natural death before anyone does me in
VMG Price at posting:
0.1¢ Sentiment: None Disclosure: Not Held