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LGO Energy - 5 Questions for the Weekend Mr Ritson, as Insolvency looms

By Tom Winnifrith | Friday 19 February 2016


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


The silence from doomed LGO Energy (LGO) is ominous. There is not even an attempt to ramp the shares ahead of a bucket shop placing because the bucket shops cannot write the sort of cheque this POS needs to survive. I doubt anyone can or will which is why my target price for the shares remains 0p. As I get the beer & popcorn ready for the final act (the death scene) here are 5 questions for hapless CEO Neil Ritson.


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