UK 13:41 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Fraudster Rob Terry buying into disgraced and worthless broker Daniel Stewart? Labour saying it was the party of deficit reduction? Can life get any stranger. Yes it can thanks to old Mother Worthington (WRN). Its latest RNS just takes bizarre to a new level, something I discuss in this podcast special.
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
Claim4U
This where Julius Csurgo of dubious past may kick in. “Mr GXG” with expertise in listing in Toronto(remember that?”, US OTC etc. A man who was on board with James Holmes & Bernand Sumner of CPS Energy Resources fame on the board at CityOdds on ….GXG
http://www.gxgmarkets.com/news-release/manualnews/4536
https://juliuscsurgo2013.wordpress.com/2013/04/17/julius-csurgo-gxg-markets/
GG79
This and the RT/DS mystery would’ve made a lot more sense if released tomorrow…
Jeremy
Interestingly according to the first RNS today the number of shares actually in issue,excluding warrants, has increased from 14,498,783 from last October to 25,016,509 at 31 March 2015.No explaination as far as I can see as to whom,when,what for,how,what price they were issued.
This is substantial dilution by itself.
Big Bad Bobby
Get set for a grand gathering of the Undead for this Prospectus (no doubt launched via a new website despite no audited accounts or Licensing Authority Approval).
I’m going for heavily disguised Whyte and Earley fronts backed by all the old Merchant House Group gang and all the OTC dross that Julius Csurgo and his trans-Atlantic cronies can drum up.
This is gonna be fun . . .
alcira16247
Tom
Great WTFcast!
Isn’t loosing its LSE Main Listing a disaster for Worthington’s present shareholders? Wasn’t holding this listing the one reason that gave the company a certain ‘credibility’, as it started its journey towards global domination?
Does the fact that New Worthington’s now heralded listings on mickey mouse exchanges, such as Malta, Stuttgart or the Cayman Islands mean that its ‘golden ticket’ ‘golden nugget’ shares, so fanatically held by the BB Morons, have now effectively turned into smelly poo poo needing copious quantities of Andrex, to hold onto?
One things for sure, though…… its going to be raining down Worthington confetti in the billions paying for all the ‘assets’ in its multiple new divisions!
Tom Winnifrith
Gazza
You are avin a bubble. a) we always let comments get posted it is just that I am not there 24/7 approving comments as they appear. So yopu are wrong on that
b) I dont take bribes and given the massively critical tone of this piece if I had I think earley would regard it as money badly spent
c) Listen to the podcast you moron it is explcitly bearish. What planet are you on?
T
Davecandle
To Jeremy’s point above, I’m trying to reconcile the capital structure from the 31 March RNS and all the previous announcements but wondered if someone had done this already before I get my pen and paper out?