Woodbois (#WBI) – proposed £3.3m fundraise at 0.05p per share with warrants

Oi China fraud specialist where is the RNS? Maybe TMS has an update?

On Christmas Eve well after the markets had closed, it was announced that the two executive directors of Woodbois (WBI), Guido Theuns, Executive Chair and Chief Executive Officer, and Johannes Bloemen, Chief Financial Officer quit with immediate effect. As I detailed here this is the latest in a long line of red flags and one of them is that the man now in charge is the China AIM fraud specialist Mr. Paul Shackleton.

Woodbois (#WBI) – results delay due to its reorganisation and auditors' workload, expects to publish during this month

Woodbois (#WBI) – CEO David Rothschild steps down “effective immediately”, commences restructuring

Woodbois (#WBI) – Chair change, “strategic initiatives” and appointment of Axis as a joint broker

Surely Woodbois management was aware of an impending covenant breach in its banking facilities - the FCA should investigate!

A month or so ago I wrote about all the shenanigans at Woodbois (WBI) surrounding a placing that they didn’t appear to actually need, and the fact it was then deliberately leaked in order to crash the share price.

In spite of the bad taste left by the blatant insider trading around the Woodbois placing: BUY

It seems to be ‘dodgy placing’ season on the lower end of AIM at the moment, and they don’t come any worse than the recent Woodbois (WBI) fundraise where the law was broken at least once, and most likely multiple times!

Woodbois (#WBI) – £3m placing at 1.2p per share

Woodbois – interims, reasons for confidence...

Woodbois (WBI), the African-focused forestry and timber trading company, has announced results for the first half of 2020 and “over the summer months… order-flow from Asia, the Middle East and Europe has suggested a strong bounce-back in demand for construction materials, and one that Woodbois is better equipped than ever to fulfil”...

Woodbois – conditionally completes financial restructuring, what’s the discounted shares prospects?

Woodbois (WBI), the African focused forestry and timber trading company, has announced results of its balance sheet restructuring, subject to 5^th August shareholder approval...

Woodbois (#WBI) – raises £13.1m at 2p per share including via PrimaryBid

Woodbois – quarterly update, moves to usher in profitability?

Forestry and timber trading company Woodbois (WBI) has updated emphasising “Record quarterly revenues with $5.6m generated in Q4 2019… Record annual revenues of c$20m for 2019, 48% increase year-on-year… The business has continued its rapid and consistent growth path”…

Woodbois – 2018 results emphasise “a landmark breakthrough”, Buy

Africa timber production and trading company Woodbois (WBI) - the former Obtala - has announced results for the 2018 calendar year and emphasised “$10m in additional trade finance funding being committed during the first quarter of 2019… signifies a landmark breakthrough”…

Woodbois – positive quarterly update from the former Obtala, ‘a high level of confidence’…

Woodbois (WBI), the former Obtala, “is pleased to provide a quarterly update on operations for the three months ended 31 March 2019” (Q1), emphasising “the pace of progress… clearly validates the decision to shed the agriculture business in order to concentrate our experience, energy and strengthened balance sheet on competing profitably within our chosen industry” (timber production and trading)…