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.
I remain convinced that the chances of Worthington (WRN) relisting are somewhere between no hope and Bob Hope but a hell of a lot closer to the former. But while we dance the charade that it may regain a listing the RNS statements it puts out beg ever odder questions, I am heading down a wormhole with the white rabbit as I try to follow what is going on in the great Worthington acid trip. Try following this for starters:
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Comments
turbograndad
Aciiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiid, anyone, enjoy your trip.
GSk
http://otp.investis.com/Utilities/PDFDownload.aspx?Newsid=508452
Jeremy
A company called Renatus WRN Secured Loan Note Holders Ltd,sole director Doug Ware registered at what is I assume his home address (and a subsiduary of European & Asian Ltd based in HK )is listed as having a secured charge against Equity Media Partners ltd.Perhaps by some magic because I think Renatus has convertible loan notes exercisable in Worthington.Worthington is deemed to “own” Equity Media Partners if Doug exercises them.
Renatus WRN Secured Loan Note Holders Ltd is not to be confused with Renatus Capital Ltd which has a 9% interest in Worthington and a substantial interest in various convertible loan notes convertible into squillians of WRN shares at low prices.This one is based at Skylines Village and has directors Wulstan Earley & Sherri Ellison and could some say just to clarify have connections with someone Doug may or may not have met but only for 15 minutes if he did meet him and anyway never said he did n’t meet him even if he did or did n’t.
GSk
? update ?