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.
Aciiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiid! We can exclusively reveal that Worthington (WRN) is now in advanced talks to gain a listing and it is in Denmark.
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Comments
Equals4
So thats £5 per share x 25 million. £125 million, mmm think the morons will be a bit short of the £5, £10, £20 targets. Unless the percentage of morons in Denmark and Germany far exceeds the UK
wildrides
Strewth …….. is there no end to the snakes and ladders . That polished turd has used up more lives than Oakley . I cant believe it ( in Victor Meldrew voice).
turbograndad
The world is their lobster.
alcira16247
Tom
What assets? Does this company actually have any real profit producing assets?
Despite Mr Wares claims of being an investing genius and industry Capitan, I would argue, recent events, have shown him and his fraudster associates to be be a bunch of clowns!
Of course, the LSE WRN Chatboard gang of hopeless Muppet’s are still shouting and boasting about holding their ‘golden millionaire’ tickets…… know in the real world as worthless Worthington shares!
Your dead right, Tom…… the whole ruddy lot of them must be on acid, to be so blinded as not to see that they are being taken for ride, by Bad Mad Hatter Dougie!
Temptress
Shakespeare Quick Quotes
Something is rotten in the state of Denmark.
Hamlet (1.4), Marcellus to Horatio
Scott Marshall
As the LSE morons dig out their old Encarta CD-Rom to try and figure out where Denmark is
Russ O'Callaghan
Surely each of these companies mentioned in the Worthington RNS is itself an entity struggling to remain afloat. I cannot understand what any of them has to offer each other , except of course to give all of their respective shareholders something at least to “Way-hay” about.
Why are Worthington investors not worried en masse about such fundamentals as you cannot reach the company; you cannot research the company, even on such fundamentals as how many staff they employ? You cannot discover anything about cash flow that isn’t two or more years old. These aren’t just red flags; they’re air-raid sirens, fire-bells, martial music on the radio, the Queen addressing the nation, the archbishops of Canterbury and Westminster jointly asking for a National Day of Prayer…..
I really think now that secretly, in their inner hearts, they’ve all written this investment off but as with so many relationships there’s always one of the parties that simply cannot accept that it’s over.
With the experience of the last seven months to go by, if WRN relisted on Monday and the price didn’t move all that much I doubt that any savvy investor would sink a penny of his money into it.
Equals4
****Crazy stat****
Worthington Group has only been a tradeable stock for 31 days since August 2013.
That is 31 days out of a possible 467 trading days (weekdays) – That is 6% of days during that period. That has got to be a stock market record surely for a single share
Equals4
****Crazy stat #2*****
£22million worth of WRN was traded during those 31 days based on the closing price of each day. That even excludes ISDX. How much have Doug & Friends, Aiden Earley and Craig Whyte made selling into the market from the start? I guess the answer will be..millions. Based on the average closing share price over that date range of 65p when they have bought or got for 10p range or less
The money has already been made, I am sure they would like it to continue but if it doesn’t there will be enough cash made for a good few years of the good life.
Mungo
An interesting piece on what looks like a very recent magazine regarding Nunaminerals on page 20 http://en.calameo.com/read/0007751941e35b23bfb93
Mentioning the investors as Continental Resources Development Group (who have a holding in the recently formed Nanoq Resources) and Patrick Newman but not a jot about Worthington Group….. With the shareholders of CRD to be introduced to the board. They have either splintered off from Worthington or acting as proxy
Worthington Wonderer
Time for an update Tom – all your good work to date exposing Aidan Earley and Worthington deserves this keeping contemporary and up to Nuna-date I think!
Surprise Surprise – more Worthington Group PLC / Nunamineral rescue delays. Allan ‘Bullshit’ Biggar at the helm though – wow. He surely knows plenty about bankrupt companies (mostly ones he has been running!). How did the Greenland Government let Fatty Biggar slip through… will it relist in Copenhagen? Why not open a book on how long will the ‘short extension’ will be or how the BB Morons will welcome this news as reassurance?
Nuuk, 2016-01-05 21:25 CET (GLOBE NEWSWIRE) —
NunaMinerals A/S under suspension of payments (“NUNA”) (“NunaMinerals” or the “Company”) announces that it has not been possible to close the Restructuring Agreement, referred to in the Company’s 25 November 2015 Announcement no 29/2015, today.
Consequently the Company and Greenland Mining Management Ltd are seeking a short extension of time to enable Closing to take place.
The Company will make a further announcement in due course.
***
ABOUT NUNAMINERALS A/S: The company is listed at NASDAQ OMX Copenhagen A/S under the symbol “NUNA” (Copenhagen: NUNA.CO). For more information, please visit our website: www.nunaminerals.com.
Chairman of the Board Allan Biggar, e-mail allan@allanbiggarandcompany.com