The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Death spiral financing is the result of a badly structured convertible financing used to fund primarily small cap companies in the marketplace, causing the company's stock to fall dramatically, which can lead to the company's ultimate downfall.
'Might explain the lack of buy backs ???? Surely David will have to be honest in the Half Year Report ?!'
In this situation it's normally the prudent thing to sell and let the facts emerge.
Protect your capital.
Don't trust any of these AIM companies or their directors. Imo.
By TOM WINNIFRITH
I am back with these bonus video shows and in this one my job is to play the sceptic though I own Red Rock Resources (RRR) shares - silly boy ! - and have 25% of my portfolio in gold & PGM shares. In this show I interview Andrew Bell of Red Rock Resources dissect that interview myself and then chat to Nigel Somerville before discussing the gold and PGM shares I own and why. I hope you enjoy the show.
'is the result of a p*** poor & lazy BOD'
Maybe not, but the bod certainly dropped the ball with the dividends, bumping them up and then letting them drop in such an erratic manner, schoolboy error.
Unfortunately the market remembers and it will punish shareholders for a (long) period of time.
Someone is having a jolly good knees up over there... 😉
"Food insecurity and extreme poverty are now the main reasons why women in the DRC become prostitutes. Traders make up the majority of clients, along with officials working for national and international NGOs. Many sex workers earn between $2 and $5 and payment is sometimes made in the form of food or other goods."
Nobody is mentioning the management quality/past performance of Elephant directors.
Matt Lofgran. Has turned 30 million into 1 million mc company @ NTOG, been embroiled in suspicious activities (see gorilla investing) and the company is floundering in 4 million of debt.
Https://www.energyportal.eu/news/elephant-oil-corp-elep-to-raise-8-million-in-ipo/147616/
Problem is TAC apart from Wressle it's all jam tomorrow, that is the one trick pony scenario.
Sprinkle in the lack of buybacks which were supporting the SP and Wressle water cut and the question how quickly the issue will accelerate, cost and speed of water injection (partners snail pace at doing anything) then unfortunately this is only going one way.
Gap @ 20p on chart, let's see if it holds.