Nigel Somerville has warned about this perma dog more times than I have had illicit thoughts about Cheryl Cole and true to form Haydale Graphene (HAYD) has served up yet another shocking warning today, just eight months after its last bailout placing.
Slung off the AIM Casino more than five months after it should have been, no cash, borrowings and other liabilities of £60 million, no refinancing no accounts since H1 2022, Advanced Oncotherapy (AVO) looks like a dead duck, walks like a dead duck and quacks like a dead duck. And….
Shares in Amur Minerals (AMC) have been suspended today ahead of an RTO which is projected to go through on may 31. Expecting to be lambasted for fighting on behalf of cancer I have to ask what nonsense is this, spaffing £5.5 million on a business that is technically insolvent. I might not earn $305,000 a year like failed outgoing CEO Robin Young but I can afford an optician’s appointment and can thus see through what is a dreadful deal and an RNS which is downright misleading.
Oh dear, oh dear. We still have no refinancing, interims, prelims and shares in Advanced Oncotherapy (AVO), which should have been slung off Aim on January 1 remain there and suspended. As AIM Regulation does not give a flying feck about its own rules ( in this case Rule 19), why should anyone else? Today there is more bad news.
You cannot short UK Oil & Gas (UKOG) any more. Its shares are now more than 99.99% down from peak ramp and, at 0.029p the market cap is only just £1 million – there being almost 3.7 billion shares in issue, post one consolidation. But the final death throes are going to be interesting.
Sub scale investment company Catenai (CTAI) was meant to surf the AI wave following its latest exercise in rebranding and bandwagon jumping. Today it has announced a non AI, related party, deal which is almost criminally insane.