RE: AIM24 Apr 2024 11:59
It would be a good thing if they can bring back transparency and stop CO like 88E grabbing £5m at a 40% discount destroying shareholders value with no oversight as to what they will be using the money for, apart from what they tell us or to stop CO like COPL in the future taking £200m in funding and bond issue then hide behind a CCAA to sell the asset to there lenders, when they couldn't get any more, and without a GM of shareholders ? then it would be a good thing'' perhaps AIM will grow again like it use to and will be back to at least 2000 in a year or so time ?
hope is all we have in these casinos that change will come, but ATM people is staying away from AIM in there droves, worn down from years of abuse and robbery where the only profit these CO make and there only business model is the funding calls robbery from there shareholders and there own stock, that they use to fund there own lifestyle knowing they have only to pay the stock exchange £100k a year for the privilege it's a huge money spinner for listed pretend CO ? I mean looking at 88E again as a guide to the bigger picture, they took £5.25m yesterday alone without ever making a profit or finding any OIL, or whatever they are looking for ?
i would rather stick to RRR AB who only take what he need from his stock and shareholders, £260k with minimum dilution until revenue start coming in we know he has already got a stockpile of hard rock Lithium waiting to sell when the price recover properly, and near term gold mining upcoming all he need is a bit of luck to get it off the ground, and I'm sure the rest will follow
looking forward to update
ATB