Having yesterday issued a trading update which showed signs of cash flow desperation again despite a recent fundraising and saw the shares further lower, from Mirriad Advertising (MIRI) today there’s a LTIP option awards announcement (natch!).

I wrote on TPXimpact (TPX) at the end of last month; I having stated ‘good luck’ on even its previously-downgraded outlook, now another trading warning (and worse!). That “worse” was it having to ‘actively engage with its bankers’ with it “unlikely to satisfy its debt covenants at 31 March 2023” and I concluded that despite a slump to a below 30p share price still avoid / sell. The shares last closed at 24.25p and now… a “LTIP, PDMR Dealings & Retention Award”-titled announcement!

On 13th January Arc Minerals (ARCM) announced that it had “received a formal notice from Anglo Exploration Zambia Ltd (“Anglo American”)… that, following due diligence, it is sufficiently satisfied to give notice to conduct negotiations in respect of a commercial transaction prior to the expiry of the extended exclusivity period of 180 days”. On 15th February the company hosted an investor webinar and on 5th March it was “pleased to announce that it has appointed Rothschild & Co as its retained financial adviser, effective immediately”. As the shares rose there has now followed “Surrender of Share Options” and ‘Placing and Acquisition’ announcements…

Yes Merry Christmas to you all and to your families however you celeberate it and even if you are a pagan like Darren Atwater or a sinner like some of those I discuss today: Vast Resources (VAST) and a spoof warrant exercise, my friend Andrew Bell and Red Rock Resources (RRR) who makes himself a hostage to fortune with his careless words, Drew Nelson at IQE (IQE) with an odd management greed RNS and Charles Tatnall whose Fandango Holdings (FHP) serves up the most bonkers and misleading set of results in 2019.

I shall turn to Frontera Resources (FRR) results later. Suffice to say they are shite, the company is out of cash and a bailout placing is needed ASAP. But should you back that placing, given who has eaten all the money? Over to Zac “the knife” Phillips , the City’s No 1 oil analyst, who works at SP Angel. I have rarely seen Zac this angry…

A “Company Update” announcement from Real Good Food (RGD). Sounds routine enough. You what? It commences “The company announces that during the audit process of its full year accounts for the year ended 31 March 2017, two substantial anticipated claims regarding its sugar purchase arrangements have not yet materialised with the effect that it will not meet its previously forecasted profit figures. In addition”…

Shares in “SaaS technology company that validates and redeems digital promotions in real-time for the grocery, retail and hospitality industries”, Eagle Eye Solutions (EYE) have recently been on the rise – with recent announcements including a share purchase by CEO Tim Mason and results for the company’s year ended 30th June 2016 including “overall the board is pleased with the significant progress made”. Sounds interesting…

A couple of recent announcements from ISDX-listed Etaireia Investments (ETIP) got me fuming about the age-old topic of management greed but they also tell a tale of persistence and patience paying off for Oli Fattal.

Plastics Capital (PLA) has announced its results for the six months ended 30th September 2015. This was a stock Tom & I tipped on our ‘Nifty Fifty’ website but…