Having asked the question five weeks ago (HERE), I was pleased to see Challenger Acquisitions (CHAL) finally announce this morning what had happened with the €1.25 million debt that it owed the three ex-Starneth shareholders. Guess what – it didn’t pay it. Big surprise!
Potentially good news coming out of Challenger Acquisitions (CHAL) this morning, although it does beg a few questions if you don’t mind me adding them to my list, Mark?
Another week and at least two more soft interviews for Mark Gustafson, CEO, of Challenger Acquisitions (CHAL) this time at ProactiveInvestors (again) and yet another “mauling” from Zak Mir on TipTV. Desperation at all-time highs but surprisingly no-one asked the critical question: have you managed to pay the €1.25 million you owe the ex-Starneth shareholders?
Another week and yet another soft interview for Mark Gustafson, CEO, of Challenger Acquisitions (CHAL), this time at Sharepickers. Desperation is setting in as time is running out and the only buyer in any volume is no longer able to buy. It’s not looking good.
With Challenger Acquisitions (CHAL) trading at a 52-week low during Friday at 20.75p, and having just lost eight minutes of my life watching Zak Mir’s recent “mauling” of Mark Gustafson, CEO, in yet another paid for ramping interview on TipTV, I wondered whether this was the beginning of the end of the ride for Mark and Challenger.
I explained on the previous occasion that Mark Gustafson, the CEO of Challenger Acquisitions (CHAL) announced that he had bought lots of shares that he was spoofing. Now he is at it again but it even the dumbest moron must now realise the spoof is not working.
Another day and its another announcement from Challenger Acquisitions (CHAL) that its boss is again buying shares. Don't be fooled this is a spoof. Its a sell signal not a sign to buy.
It’s always interesting digging in to the Final Results and the Annual Report in detail to see what is hiding in the back of both and what is omitted from the results altogether. No surprises that Challenger Acquisitions (CHAL) hide the “good” bits away, namely the auditor’s concerns and the trough snuffling.
Watching Challenger Acquisition’s (CHAL) CEO, Mark Gustafson, doing yet another Proactive Investors interview this week with nothing new to say, albeit he said it very confidently, reminded me to finally post a piece that has been on my mind for a while about why this remains a strong bear pick for me.
I opened this morning’s RNS from Challenger Acquisitions (CHAL) with great anticipation as I thought this would finally be the Jakarta news that all investors have been waiting for. Alas not, but loads of other great news, honest!
As Tom Winnifrith explained on his bearcast yesterday, it has been an astonishing few days for Challenger Acquisitions (CHAL) with the share price increasing massively in the space of a few days from a price of 23.25p at close last Thursday to a close today of 36p on Wednesday having hit 43.75p intra-day based on small-cap stock ramping at its worst.
I was pleased to see that Challenger Acquisitions (CHAL) finally updated the market this week with a bit of a non-announcement about the Jakarta wheel, but there were a couple of interesting snippets in the follow-up interview with Shard Capital worth commenting on as you don’t want to put all the good bits in the RNS do you?
