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#Crash 2014 - Zero Hedge
– 17 October 2014, 07:24

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Putneywill
Putneywill11 Nov 2026
Regrettably, investing in a AIM business with bad leadership and governance is a very dangerous place to be. Time and time again Angostura Bitters has proved to shareholders he's not to be trusted. For that reason alone the shares should be discounted.
3 Questions that Kefi should be answering
TOYIN
TOYIN11 Nov 2026
Tom, I think you're confusing demographic homogeneity with groupthink. They are not interchangeable concepts.Groupthink is a psychological and organisational phenomenon where the desire for consensus, harmony or conformity suppresses critical evaluation and independent judgement. It isn't established simply by pointing out that people share the same gender, race, approximate age or professional background, or by making assumptions about their political or social outlook from their internet footprint.Those characteristics might raise legitimate questions about the breadth of perspectives around a boardroom table, but they don't demonstrate that dissent is discouraged, alternative views are suppressed or decisions are being reached without proper challenge.In fact, I'd argue that the more relevant test is whether directors have genuinely different professional experiences, areas of expertise, independent judgement and a willingness to challenge one another. The current SBTX board has distinct financial, operational, commercial and governance backgrounds, and was brought together in the wake of serious governance failures.I'm perfectly familiar with the concept of groupthink. My point is that you haven't demonstrated it exists at SBTX; you've simply identified demographic similarities and inferred a behavioural outcome from them. That's quite a leap.Perhaps we should judge the board on the quality of its decisions, the degree of challenge it demonstrates and the results it delivers, rather than assume that people who look or think similarly must necessarily think collectively. Lets not forget the last BOD, Martin Hunt, Stuart Ashman, Dr Cathy Prescott, Danielle Bekker, Manprit Singh Randhawa, and Simon Hewitson. That's quite divers, that ended well!
Skins NED appointment – not very diverse & comes with a Bixby Edwards stink
TOM
TOM11 Nov 2026
all female, all same age, all professional managers, all white, an internet footprint suggesting a similar liberal world view - i am not sure you understand how GroupThink works. Perhaps read the definitive book on it by uncle Chris Booker
Skins NED appointment – not very diverse & comes with a Bixby Edwards stink
TOYIN
TOYIN11 Nov 2026
While an all-female board lacks gender diversity, classifying it as "groupthink" would depend on how the directors behave in meetings rather than their gender. Because the current SBTX directors possess distinct financial, operational, and governance backgrounds—and were appointed specifically to restore independent oversight—the board is structurally geared toward critical scrutiny rather than blind conformity.
Skins NED appointment – not very diverse & comes with a Bixby Edwards stink
TOM
TOM11 Nov 2026
So there is never any such thing as GroupThink inside the bubble?
Skins NED appointment – not very diverse & comes with a Bixby Edwards stink
SEADOC
SEADOC11 Nov 2026
Do I come to sharestock to make money? No, I come for entertainment. I enjoyed Andrew's (erroneous) views last year, please invite him again . I hope to be able to attend in person again
Tom Winnifrith Bearcast: should Andrew Webley come to Sharestock again & will bitcoin have collapsed by then?
JOHN BROWN
JOHN BROWN11 Nov 2026
We are all infinitely diverse from each other therefore diversity and diversity targets are false prophets.
Skins NED appointment – not very diverse & comes with a Bixby Edwards stink
TOM
TOM11 Nov 2026
in terms of diversity its a bit like the board of er um er an AIM listed company where all 5 directors are white middle class males aged 50-67, I'm struggling to think of its name can you assist?
Skins NED appointment – not very diverse & comes with a Bixby Edwards stink
TOM
TOM11 Nov 2026
Now that you are part of the AIM establishment...In the old days companies graduated to the MM in an orderly fashion and were replaced by new young companies that would use AIM to growNow there is a rush of good companies to escape and bugger all good small companies joining to replace themThat is different.
AIM will lose 4.5% of its entire value in one fell swoop on December 8
Eric_Tricity
Eric_Tricity11 Nov 2026
I read the RNS yesterday morning before reading this now (wednesday morning) and after looking at the board's make up had exactly the same thought. There is ZERO diversity here, it is female dominated and the fact that they are of an age where they might have one eye on retirement makes it even worse. For other reasons as well I cannot see this bunch driving the company forward.
Skins NED appointment – not very diverse & comes with a Bixby Edwards stink

Complete Coverage

That Was the Week that Was 7 Days of ShareProphets

Wednesday »

FORT
Forterra – interims having emphasised “no change to FY expectations”, how credible was that?…
  • By Steve Moore
  • 11 November 2026, 13:39
KEFI
3 Questions that Kefi should be answering
  • By Tom Winnifrith
  • 11 November 2026, 13:22
ECP
The Italian Job: Eight Capital Partners spends €7.55 million to buy a joke business from …itself, what is Liam Murray smoking?
  • By Tom Winnifrith
  • 11 November 2026, 12:47
QED
Quadrise – an agreement non-extension due to “projects and volume requirements” not confirmed…
  • By Steve Moore
  • 11 November 2026, 11:27
PANR
Call me Mystic Meg (again) Pantheon Resources suspended as £5m placing at just 7p underway
  • By Tom Winnifrith
  • 11 November 2026, 11:07
OPTI
BREAKING: Has Optibiotix really received 2 takeover approaches or is Steve O’Hara just a really naughty boy?
  • By Tom Winnifrith
  • 11 November 2026, 09:33

Tuesday »

XSG
Xeros Technology – “developments in its Commercial Laundry sector”, attempted ramptastic?
  • By Steve Moore
  • 10 November 2026, 16:25
Bearcast
Tom Winnifrith Bearcast: should Andrew Webley come to Sharestock again & will bitcoin have collapsed by then?
  • By Tom Winnifrith
  • 10 November 2026, 16:01
ZOO
Zoo Digital – interims emphasise “Return to growth, materially improved profitability and cash generation”, but how significantly and sustainably?…
  • By Steve Moore
  • 10 November 2026, 14:27
EDGE
Laughable & not sustainable
  • By Tom Winnifrith
  • 10 November 2026, 14:24
MAC
Marechale – how about an update on the $118m Aussie Coral spoof?
  • By Tom Winnifrith
  • 10 November 2026, 12:41
Gold
Video: The US Needs A ‘Much Higher’ Gold Price – Here’s Why
  • By Tom Winnifrith
  • 10 November 2026, 12:08
ABDP
AB Dynamics – full-year results, what does “Repositioning with purpose” mean financially?
  • By Steve Moore
  • 10 November 2026, 11:39
JET2
AIM will lose 4.5% of its entire value in one fell swoop on December 8
  • By Tom Winnifrith
  • 10 November 2026, 11:07
SBTX
Skins NED appointment – not very diverse & comes with a Bixby Edwards stink
  • By Tom Winnifrith
  • 10 November 2026, 09:59
PRE
Now less than a month to fake sheikh day – Pensana keep the lights on placing
  • By Tom Winnifrith
  • 10 November 2026, 09:17

Monday »

NEXS
A stock with recovery potential again?...
  • By HotStockRockets
  • 9 November 2026, 16:49
TGP
Tekmar – “Framework agreement with NMDC Infra”, attempted ramptastic?
  • By Steve Moore
  • 9 November 2026, 16:27
Bearcast
Tom Winnifrith bearcast: the cost of shagging a Chinese Spy
  • By Tom Winnifrith
  • 9 November 2026, 14:53
SRT
SRT Marine Systems – full-year results, how’s the match between customer receipts and supplier payments?
  • By Steve Moore
  • 9 November 2026, 14:53
RBD
Reabold Resources tries to mount the AI bandwagon as it pops, West Newton gibberish, part 2
  • By Tom Winnifrith
  • 9 November 2026, 12:32
SEE
Seeing Machines – “Q1 FY2027 Quarterly KPIs”. Er, is financial performance not a Key Performance Indicator?
  • By Steve Moore
  • 9 November 2026, 11:34
SBTX
Skins – where is the new NED?
  • By Tom Winnifrith
  • 9 November 2026, 11:34
RBD
Reabold & West Newton part 1 – what about the injunction?
  • By Tom Winnifrith
  • 9 November 2026, 11:11
DGQ
Delta Gold: £63 million AQSE window dressing
  • By Tom Winnifrith
  • 9 November 2026, 10:58
Crime-Scene
Fraudster Rob Terry plans stockmarket comeback – is the London Stock Exchange bent as a nine bob note?
  • By Tom Winnifrith
  • 9 November 2026, 08:09

Sunday »

Bearcast
Tom Winnifrith Bearcast: Nigel's right, 4 sectors where I want little or no exposure
  • By Tom Winnifrith
  • 8 November 2026, 19:04
Gold
The View From The Montana Log-Cabin As Gold Has A Better Week
  • By Nigel Somerville
  • 8 November 2026, 18:01
ZTF
Zotefoams – a “strategic progress continues; full-year profit expectations unchanged” Buy
  • By HotStockRockets
  • 8 November 2026, 17:52
SOS
Sosandar – Interims A Good Effort In Difficult Times
  • By Nigel Somerville
  • 8 November 2026, 17:16
Blackboard
Visual Aid: The Countries Developing the World’s AI Models
  • By Darren Atwater
  • 8 November 2026, 13:37
Quiz
The ShareProphets Sunday Pub Quiz #371
  • By Darren Atwater
  • 8 November 2026, 10:40
Reading
Sunday Long Reads: Schooligans, Friendly Murderer, Panama Papers, Toxic Gaslighting, London Biker Café
  • By Darren Atwater
  • 8 November 2026, 10:40
Top-10
Notes from Underground – Most read articles for the week ending November 7
  • By Darren Atwater
  • 8 November 2026, 10:39

Saturday »

Bearcast
Tom Winnifrith Bearcast: another crash underway, UK house prices especially those of flats
  • By Tom Winnifrith
  • 7 November 2026, 16:44
BMS
Braemar – winning share tip still a buy
  • By HotStockRockets
  • 7 November 2026, 15:57
DOTD
dotDigital – full-year results, positive trading outlook Buy
  • By HotStockRockets
  • 7 November 2026, 15:10
Price-Vs-Value
ShareProphets readers tips for 2026 prize competition – (just after) end-October update
  • By Steve Moore
  • 7 November 2026, 14:00

Friday »

Collapsing-Reactor
A cartoon about Texas - Barry Downes loved it
  • By Tom Winnifrith
  • 6 November 2026, 17:39
Bearcast
Tom Winnifrith Bearcast: on inflation, on Barry Downes and on being a mega bear
  • By Tom Winnifrith
  • 6 November 2026, 16:23
LORD
Lords Group Trading – “pleased to announce completion of amendments to the covenant packages”, BUT…
  • By Steve Moore
  • 6 November 2026, 16:23
Boom
Podcast: Tom Winnifrith & Barry Downes - the Implosion of the AI bubble
  • By Tom Winnifrith
  • 6 November 2026, 15:11
Gold
Video: Silver is ‘Incredible Cheap’, Futures Manipulation & The Return of Gold
  • By Tom Winnifrith
  • 6 November 2026, 14:46
BILN
Billington – I having questioned in April how confident to really be of trading in line with market expectations, now a “Trading Update”…
  • By Steve Moore
  • 6 November 2026, 14:29
SBAR
Sundae Bar: surely it is almost out of fiat ( again), placing ahoy?
  • By Tom Winnifrith
  • 6 November 2026, 12:58
GEX
Georgina Energy RNS: More questions than answers, the odd use of the English language
  • By Tom Winnifrith
  • 6 November 2026, 12:15
CRTA
Cirata's peanuts contract renewal a pump before another bailout fund raise
  • By Tom Winnifrith
  • 6 November 2026, 11:46
Sinking_Ship
AIM Statistics: October was yet another poor month
  • By Tom Winnifrith
  • 6 November 2026, 10:21
VLRM
Valereum: I know it has six months but is there any effort to recruit a new advisor? All the Money's gone!
  • By Tom Winnifrith
  • 6 November 2026, 09:24

Thursday »

Bearcast
Tom Winnifrith bearcast: rates up, fear not they will have to be slashed
  • By Tom Winnifrith
  • 5 November 2026, 15:42
VTY
Vistry – “Trading Update”, how’s its “Repositioning Vistry for Sustainable Success” going?…
  • By Steve Moore
  • 5 November 2026, 13:34
Gold
Peter Schiff on the growing bull case for gold: tell me why he is wrong post mid terms
  • By Tom Winnifrith
  • 5 November 2026, 13:28
Boom
If you are in Banff in Jockland go and buy a drink at the Seafield Arms
  • By Tom Winnifrith
  • 5 November 2026, 12:54
AMRQ
Amaroq – Maarmorilik project development strategy adds to potential, Buy, shares could be 400p by 2029
  • By HotStockRockets
  • 5 November 2026, 12:40
AMG
Letter to Strand Hanson on Atlas Metals - The £1 billion claim you stood by was bollocks: RESIGN!
  • By Tom Winnifrith
  • 5 November 2026, 12:23
SBTX
Skins & clutching at straws
  • By Tom Winnifrith
  • 5 November 2026, 11:20
ASC
ASOS – full-year results emphasise “Return to growth: Strong operational and profit delivery”. Really?…
  • By Steve Moore
  • 5 November 2026, 11:19
Labour
My 10 year old son totally floors our local Labour MP on economics
  • By Tom Winnifrith
  • 5 November 2026, 10:03
AMG
SCANDAL & VINDICATION: Atlas Metals, £1 billion UPSA deal collapses (as predicted), why aren’t heads rolling, why is Christian Schaffalitzky not going to jail?
  • By Tom Winnifrith
  • 5 November 2026, 09:27

Wednesday »

AAU
Ariana Resources – Q3 2026 Activities Report, a gold recovery Buy
  • By HotStockRockets
  • 4 November 2026, 16:19
IGE
Image Scan Holdings – emphasises swing to profit and “healthy order book”, but how ‘healthy’ really?
  • By Steve Moore
  • 4 November 2026, 15:59
CDGP
Chapel Down – having in September stated credit facility “provides ample headroom for growth”, now a “Proposed Capital Raising”!
  • By Steve Moore
  • 4 November 2026, 13:20
Bearcast
Tom Winnifrith Bearcast: what a company does not say and frightening words it can say
  • By Tom Winnifrith
  • 4 November 2026, 10:39
FDM
FDM Group – “consultants assigned to clients has increased”, but how materially and what about the financials?…
  • By Steve Moore
  • 4 November 2026, 10:39
MPAL
EXPOSE: MedPal AI still burning cash and still hiding key metrics
  • By Tom Winnifrith
  • 4 November 2026, 09:30
JDW
JD Wetherspoon explains economics and job destruction to the Uniparty
  • By Tom Winnifrith
  • 4 November 2026, 09:14
Oil-Rig
Video: ‘Massive Upside’ In Oil Stocks & The Iran War Restart
  • By Tom Winnifrith
  • 4 November 2026, 08:28
LIKE
Likewise Group – “materially ahead of current market expectations” value from a winning share tip
  • By HotStockRockets
  • 4 November 2026, 08:22
Greek Tear
The grand final voting - win a week at the Greek Hovel contest, Darren has it in for his employer!
  • By Tom Winnifrith
  • 4 November 2026, 08:15