RE: Interesting12 Dec 2024 09:00
Ridiculous ! So the great Winni would have us believe that the good folks at London Stock Exchange devised a plan to establish a market for cads and snake oil salesmen. With their blessing. What a load of old utter tripe. Yet again, another cheif Tlou cheerleader shows his intelligence by talking effect rather than understanding cause. Little wonder so many idiots are followers with this stock.
Winni - AIM was established for the primary reason to allow younger, less mature companies that did not have the track record, size and scale to satisfy the Main Board listing requirements access capital markets. And it came with a LOUD AND CLEAR health warning - Buyer Beware !!
The fudge has been that cry babies like you and other shareholders who have lost fortunes of their own cash now want to blame AIM or regulators or somebody (anybody BUT YOURSELF) for the wonderfully articulated plans in various listing Prospectus not coming to fruition.
Saint Tony knew exactly what he was doing when he tapped AIM for second listing funds. He did it at a time when London was receptive to African mining opportunities - that environment has changed because the plethora of 'Tlou lookalikes' took the money, drilling a bunch of holes, put out colourful geological charts suggesting they were onto the 'next Big Thing', and after a while when their binary drilling outcomes amounted to not much, the music stopped, money ran out, and the good folks that put in their money realised they rolled the dice and came up short.
The only difference with Tlou shareholder idiots is they still think they are in with a chance to 'strike the lottery'.
Sorry lads - this is death by 10 thousand cuts. If there is success ahead, there is share consolidation ahead, more fund raising, and since the new owners will not want to be bothered by small shareholdings, you will be offered a pittance