Disclosure: I own shares in one or more of the stocks mentioned. 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.

Exclusive: Sefton Resources cancels AGM, does not inform market

By Ben Turney

2 November 2015 05:25

More:

The clocking is ticking down on Sefton Resources (SER) being booted off the Casino. Despite not having a Nomad, the company is still subject to the disclosure rules. So why, therefore, has Sefton’s new board not told shareholders that it has decided to cancel/postpone this month’s AGM?

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

drunken sailor

2 November 2015, 05:54

Not as bad as TXO who seem to have held an AGM without telling most of its shareholders.
Phil

2 November 2015, 11:18

I remember there was a company where they had their AGM at midnight, new years eve in a remote castle somewhere in Scotland, and one year a shareholder actually turned up for it. As always age is to memory what TW is to a fashion statement and I can’t remember the name.

I do remember when companies used to give gifts for shareholders and Northern Foods used to give their shareholders a Cheese every year.

A company called the Breamar Tartan Co Ltd used to send me tins of butter and a Haggis each Christmas, Breamar goes down in history as having the least amount of SP movement over time, the SP stayed exactly the same for over 7 years.

All I can say about Sefton is that surely people know the risks by now, Sefton has been uninvestable for years, I’m sure I will not be the only to be pleased when it has gone