Disclosure: Financial Investigative Media Limited, which is not owned by Tom Winnifrith but by a trust for his dependants, owns shares in companies mentioned in this article. 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.
I really hate backing IPOs. Many companies just struggle to adjust to life as a public company, it is like those cricketers who are great at proper cricket but just can't make the adjustment to the pyjama game. Whatever. We have had a small exposure (well not that small actually) today in Bluebird Merchant Ventures (BMV) - Bluebird Mining as was - which is the first mining stock to make it to the London market in eight months.
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Comments
Bearfacts
Good luck with the investment, your meetings with them must have left a lasting memory as you called it the wrong name it not called Bluebird Mining but Bluebird Merchant Ventures.
Perhaps too much ouzo!!
All the best….
JASPERTHERDOG
The prospectus warns that obtaining local regulation is difficult, drawn out and ‘expensive’,(Baksheesh?). Personally, I would have waited until the company could give an absolute undertaking that it had received all the many necessary permits, licenses and agreements as laid out over 20 pages in the prospectus. There are, additionally, 15 pages of ‘risk factors’ listing not just the usual ‘not-for-widdows-and-orphans’ stuff but highlighting the difficult regulatory environment of the Philippines.
wildrides
Cripes ………. you certainly pick um . I guess it was Miss Van Goddess ample charms what did it Guv . Stick with Dr Alice ……. its easier on the wallet .