Am not smart enough to understand why DL would resign as chairman of one investment shell, Polemos, to join another. Must assume Evo will support either AFRIAG or FASTJET. That said, he must definitely have a play in mind.
Look at VMP too for cash shells. Its what become of the phoenix companies that matter. Considering he has stepped down from other commitments then decide what's this company going to become then see where it goes. What's the company going to invest in who knows as he has covered gas, oil, lithium and africa
Same could have been said of those who invested in REM last summer. 1 year later they were sitting on a 3500% profit, and are now hoping for that to be turned into 10000% plus over the next year (or less)
Of course it wouldn't be a big part of a portfolio, but Lenigas will have given long standing Remmers (sadly not me!) 100 times their money.
He may not do it again to that extent, but it's a reasonable gamble surely for a small part of a portfolio just in case? Simply investing in the man. If he's a tenth as successful that would be OK!
Why would any intelligent investor invest in a company which does nothing in particular, needs a placing so it can raise money to figure out something to do and is about to employ some new people for the purpose of doing something..... Or other..! ? This kind of numbskull behaviour is why aim has so many of these fictitious companies operating out of boiler rooms etc. This is why the general feeling of serious investors is to leave aim and look at other trading platforms. This is why the serious companies on here find it so difficult to raise funds and keep their share price realistic... This company needs to go bust and the directors need to be banned from directorship for a few years like any other crooked director of a ltd company that has been purposefully driven Into the ground
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