Supporters argued that incompliance with listing rules was of no great import and, as the FCA agreed, perhaps they were right. Hopefully, you did not fall for that and bailed, at 115p, on my warning last August. Shares in this Optiva-promoted dog’s breakfast are now 35p. It is not what is said today, but what isn't.
Tirupati Graphite (TGR) listed on the main market at 45p on 14 December and the shares have done well, surging to 115p. £6 million was raised by Optiva on listing and another £10 million at 90p in April. But I have just contacted the FCA as there appears to be a problem, a big problem.
Hello, Share Crunchers. One drawback of seeking out companies which may be new to you is this. I delve into what seems like a likely venture, only to discover as I go along that all is not what it seems at first blush. All the deep research goes into the bin and I have to find a sturdier contender for your support. This has just happened (darn it!), but my second choice seems more promising.