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.
On 31 December (probably hoping that the announcement would go largely unnoticed), Silverdell (SID) announced that it is not anticipated that shareholders will receive any return for the shares they hold and that admission of the group's shares to the AIM Cesspit will be cancelled on 2 January 2014. This was a stock I tipped. I have apologised for that. But Silverdell CEO Sean Nutley misled investors and need to have his collar felt.
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Comments
wildrides
Shocking ……… yet again . How can a company get away with making positive regulatory announcments when a winding up order is in place on part of its business.
Tom ……….. have you heard any juice on New? They still have not told shareholders if the funding deal expected has collapsed or not ? Presumably Bill is still funding his Walmart bill whilst ignoring shareholders.