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.
This morning the inevitable happened. Sefton Resources (SER) placed at 0.065p. Shareholder anger is entirely understandable, but whose fault is this mess?
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Comments
DUCK AND DIVE
Good piece, Ben. And yet another forecast from the pages of Old ShareProphets Almanack comes to pass.
I’m thinking this website should be charging for entry.
And I’m wondering if we will see any notifiable shareholdings in SER following the placing.
wildrides
I am glad some reality is coming back into AIM shite like Sefton . I hope it goes bust and I hope holders lose everything . What AIM needs is for punters to recognise shite when they see it and avoid . There is way too many pump and dump bloggers sucking people into complete worthless fecking shite like this . Infact its worse than fecking shite because its also fighting a court case . Its negative numbers fecking shite . Ben Turney is wrong ……… its not worth its present share price . Its worth nowt . Its not a clean shell ……….. its a dirty parasitic ridden shell with no assets , legal claims against it , shit management , no CEO and a bunch of nare do wells and green horn in command . Worse than that , its reputation such as it was ( nil) was made into a black hole by parasitic ignumin flies laying maggots inside to eat it out from the middle outwards whilst still alive ….. step forward the pump and dump bloggers “Broken man and Oily and the rest” Please Lord let this thing die ………… forever ……….. and inflict much pain on the way. Enough at least to etch the memories forever of the meek with the deeds of the unclean so that the unclean shall wither on the vine with nothing to sustain their selfish unrelenting greed from this point on . Note well those who have suffered and remember all the names of those who led you to false promise and smite them mightily for the rest of yours days so that they can never inflict their selfish wickedness on you again .
Now where are my meds ……… I need a lie down .
Ben Turney
@Duck and Dive – it will be very interesting to see if there are any notifiable holdings.
@wildrides – :-) so this one is at the top of your watch list is it? I agree with much of what you say, but I have to admit I admire what Whitford has done. From the outside it looks like it has taken courage and, much more importantly, could provide the company with a break from those dark forces of manipulation