Disclosure: I own shares in one or more of the stocks mentioned. 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.
It’s not fashionable to say this, but there are times when it is impossible not to feel intense pride at being British. I experienced one such occasion last Thursday night. It is deeply woven into our national spirit never to give up; a characteristic which New World Oil & Gas’ (NEW) ordinary shareholders are increasingly demonstrating in spades. While the naysayers and market abusers crowed that the desire for shareholder action would be broken by the heavily dilutive, mispriced open offer, New World’s shareholders rallied to the call for positive change in their company. As of writing, as much as 4.8% of the company has indicated its intention to join the reformed NWOGaction (www.nwogaction.co.uk).
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Comments
spudface
“Disclosure: I have no positions in any stocks mentioned”???
What happend to the “I do not intend to sell” bit!
Flipped?
wildrides
I will support any action to remove the current directors . Even if it requires me to buy some shares . They must go . I could not bare to see them trough through that 2.8 mill as expenses and directors fees , de ja vue.
Why not broaden it out a bit . Form an “Aim clean up action group” and move from one shoddy company to the next in turn as a group en masse buying up enough shares to evict the directors causing the corruption at an EGM . Turn Aim on its head with mass investor power and frighten the shite out of the greedy bastards milking us all . one hell of a concert party .