MINDING THE LSE’S BUSINESS

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Articles by: TOM WINNIFRITH, THE SHERIFF OF AIM

EPIC MIRI
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Mirriad Advertising update: it’s still to Hell or Connaught

The choice offered Irish Catholics by Oliver Cromwell was not a very good one: death or exile to the bleak and impoverished West of Ireland. Shareholders in Mirriad (MIRI) face a similar choice after an update today.
  • By Tom Winnifrith, the Sheriff of AIM
  • 2025-05-08 09:24:26
EPIC ANX
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Anexo rebels at 19% - can they block the bid by disgraced troughing management and DBAY?

Disgraced Alan Sellars and his other half Samantha Moss have via fees, dividends and dumping stock taken more than £70 million out of Anexo (ANX) since its 2018 IPO at 110p per share. The stock peaked at 191p with the dastardly duo continuing to dump shares onto poor dumb fund managers, the shares are now 57.5p.
  • By Tom Winnifrith, the Sheriff of AIM
  • 2025-05-06 10:03:13
EPIC MIRI
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Another AIM disaster! Mirriad fesses to being just a week away from a Fat Lady gig with £80 million spaffed! For what?

Founded in 2007 and floated in 2017 raising £23 million at 62p c/o Numis, Mirriad Advertising (MIRI) today warned that if it cannot refinance within a week it will go bust. That would leave £80 million sent to money heaven in 18 years, as a perma-bear right from the time of the IPO at 62p, I’m vindicated. Natch, management blame Donald Trump for the downfall.
  • By Tom Winnifrith, the Sheriff of AIM
  • 2025-05-01 10:09:47
EPIC CEL
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Celadon CEO James Short now on very thin ice indeed as more bills go unpaid, but has he taken out any cash?

Celadon Pharmaceuticals (CEL) told us on March 31 that it had sufficient cash to last “into April” thanks to the support of creditors. In plain English it could last as long as various folks did not insist on being paid. Today it says that, with the same caveat, it can now last “into May.” CEO James Short is a proven chancer.
  • By Tom Winnifrith, the Sheriff of AIM
  • 2025-04-30 09:26:19
EPIC ARB
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Argo Blockchain: it’s what it does NOT say as it fesses up to imminent suspension

Oh dear, oh dear as disgraced ex tipster Mike Walters would say as yet another of his duff tips went horribly Pete Tong. Mike would have loved Argo Blockchain (ARB): dodgy management, strange related party deals, burning cash, an insolvent balance sheet, the historic involvement of known associates of convicted fraudsters, it would have been right up Mike’s street. Today Argo warns that its shares will be suspended tomorrow morning. Ooops a daisy.
  • By Tom Winnifrith, the Sheriff of AIM
  • 2025-04-30 08:22:08
EPIC CTL
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Cleantech Lithium stiffed by the Chileans: another AIM Casino disaster from Roland “Fatty” Cornish

Good companies hire good Nomads. Mediocre companies pay less to hire mediocre Nomads. And the worst companies on AIM gravitate to London’s most useless Nomad, Roland “Fatty” Cornish in the same way as he is now gravitating towards a large packet of hob nobs ahead of elevenses to keep the wold from the door before he waddles off for a 12 course luncheon a bit later. Had he had a shred of integrity. Cornish should have quit acting for Cleantech Lithium (CTL) after it emerged that its CEO had effectively offloaded his entire holding at up to 53p per share without telling a soul.
  • By Tom Winnifrith, the Sheriff of AIM
  • 2025-04-23 10:08:46
EPIC AGFX
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EXPOSE: Argentex Group: a £50m AIM disaster, shareholders should brace themselves for near wipeout & auditor Deloitte needs investigating

The fall from grace of money broker Argentex (AGFX) has been spectacular, even by AIM casino standards. Okay it blames Donald Trump for crashing the dollar and folks like champagne socialists Brian Basham and Gary Newman who, poor men, are suffering from extreme TrumpDerangementSyndrome will swallow that line. But after today’s latest bombshell should you? I suggest not and that there should be a full enquiry into the recent audit sign off from Deloitte.
  • By Tom Winnifrith, the Sheriff of AIM
  • 2025-04-23 09:06:27
EPIC ORCP
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Oracle Power: 5 RNS pumps and a dump

Oracle Power (ORCP) is no closer to producing coal in Pakistan, gold in Australia or Green Energy anywhere at all than it was when it was first set up by Conman Windbag, aka Conrad Windham, back in 2006. Today came a familiar tale
  • By Tom Winnifrith, the Sheriff of AIM
  • 2025-04-22 12:13:16
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