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Okay I am celebrating the impending departure of Afriag (AFRI) from AIM so might get a bit carried away in this podcast, there is a bit of bad langauge. Other than dancing on the PLC grave of Jabba The Hutt as he tries to spin this disaster I look at: Green Dragon Gas (GDG) - PLACING AHOY - Servision (SEV), Jiasen (JSI), TrakM8 (TRAK), Fusionex (FXI), Independent Resources (IRG) and Plexus (POS).
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Comments
Martin
SER seems there is an email from the CEO doing the rounds on twitter and the LSE site saying that the company is generating cash and they are not looking to raise money
I nearly choked on my lemon chicken reading that bullshit
Duck and Dive
I see that the AFRI BB rampers are still looking forward to a positive trading update this week but if that were true, AFRI would not have shot themselves in the foot with today’s announcement.
As one of the few sensible LSE posters observed, either there will be no positive update in the coming days…or AFRI had no choice about their departure date from AIM, and hence the date of today’s notice. Indeed, today’s RNS and circular are notable for the complete absence of any reassuring words to shareholders about the state of the business.