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.
In today's podcast I update you all on the olive harvest - I managed four hours in the fields today despite still being in real pain. But not as much as LGO Energy (LGO) - its RNS today smells of desperation. For strategic review read "the game is up" and that also applies to Kolar Gold (KGLD). I comment on Avanti Communications (AVN) where the share price crumble is accelerating - remember debt is crack cocaine for management but for shareholders it is bad for your wealth. I comment on Silver Falcon (SILF) and tick off the grossly irresponsible, Justin the Clown of ADVFN and also on Defenx (DFX), rapidly becoming an IPO omnishambles. Then onto InternetQ (INTQ) where it is now "game on" but I end with Antrim Energy (AEY) where a concert party of Brokerman Dan, market abuser Chris OIl and ADVFN (AFN) head honcho Clem Chambers have just taken a 3% stake.
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Comments
Drunken Sailor
Tom,
0.05p is the nominal price of the LGO shares issued. The actual price for clearing the $265K owed is 0.42p per share, which was about where the shares were when the deal was agreed and before the strategic review announcement signalled another big stride into the valley of death by LGO.
wildrides
You dip stick Whining Froth . 0.5p is the share nominal value …………what the feck are you on !
I demand you issue a retraction and apology for this slanderous cast to the LGO company . Yet another example of unfair , inaccurate reporting in support of your shorting buddies . This really does take the biscuit . What the feck is this
WHINNI MATHS
For fecks sake , you really are the fecking limit at times.