Every Trick in the Book27 Feb 2025 08:53
Alarm bells sounded for me on the 'new management' from the get go. It was obvious that after years of the old board doing nothing and drawing a wage babysitting a license and some far fetched legal action in Italy that this was a prime target for someone to rinse the market further.
Currently CEO seems to thinks he can control the SP and trade the company like Trevor Brown does with his portfolio. Throw out a few meaningless colour RNSs to get the gerbils excited but anyone with half a brain can see are expensive and highly speculative prospects.
These types of companies are a dime a dozen on the London micro-cap markets for good reason. They are a great way for Lawyers and Accountants, even rich traders, to make around 250k a year for 10 years. In the meantime they will use every trick in the book to keep the story going each year to allow them to raise
No the markets are very bad, the tide has gone out on the UK economy, people are waking up to the scams