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.
AIM Casino listed Edenville Energy (EDL) has missed target after target as its management has simply failed to deliver. And now as it issues yet more confetti it is talking utter cock in its latest RNS out today. This stock is clearly not investment grade and now let’s turn to the “talking cock” RNS. Having investigated this I see that Edenville has “form”
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Comments
wildrides
Struth Tom ………….. Broken Man Dan gets given £ 50 ,000 for ramping a load of shareholders into that Lobster pot Sefton . Crony Capitalism at its worse ! I hope he makes a suitable donation to mental health charitable causes .
J P Spaghetti
I contacted both AIM reg. and the FCA after a certain Christopher Potts took out a significant position the day before one of their heavily discounted placings caused the SP to fall off a cliff and heard bugger all from them, aside from the perfunctory acknowledgement and request that I keep tight-lipped. Truly awful state of affairs. How fitting the current CEO’s surname is Short!
And do we know who partook of the £1M placing? Like hell we do. I think it’s about time we were informed. I say we but I’m no longer a holder, having been fortunate enough to get out on a spike a good few months back.
Actually, there may still be a photo. of the meeting of ex-CEO Simon Rollason and their FD (I think) and the president of Tanzania on their website. It’s really quite amusing in a Bing Crosby-David Bowie sort of way as the president is looking at him just as Bing looked at Bowie in the Little Drummer Boy video (i.e., as if to say who the eff are you?)!
Where’s Franks Scolaro when you need him?
And what happened to the emeralds?!
Oh Edenville, you vile pockmarked anti-Eden
You evil den of inky black iniquity
Devoid of sanctifying translucence
Jealous of the curd (rapacious of its lustre)
But failing to deliver your fossil fuelled redemption
In a country prone to drought
But wired up for hydro.!
J P Spaghetti
And why was finnCap replaced (by CF) as EDL’s nominated advisor at the time of that £1M placing? Grrr…!
Woody44
Actually Tom I have it from good sources that this was not raised through Cantor so therefore no commission and was not done through bucket shops – anyone can see that by looking at the lack of discount. Whatever you may think of Edenville and Cantor, the “facts” of your story are not actually facts, although you present them as such. Please stop making stuff up otherwise people will stop believing anything you write. E.g. Everyone in the City knows that the CEO of Naibu is not actually in jail but you keep spouting this untruth. I enjoy reading your pieces until I read something about which I know and then I wonder what else is made up… like most journalists really.
TW Note - so cash was raised without any costs at all? The lawyers who did the placing letter worked pro bono? Brokers charged no handling fee? Pal you are a dreamer & wrong on Naibu as well. If you want to spoit fantasy go to LSE.co.ukWoody44
http://www.investegate.co.uk/naibu-global-intl-co—nbu-/rns/update/201504291530037388L/
Who exactly is wrong on Naibu Tom, me or you? I’m the dreamer am I? Now being so rude looks a bit silly doesn’t it?