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Is Nova Investments the shittiest AIM Investment Company?

By Tom Winnifrith, The Sheriff of AIM

4 February 2016 05:03

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I admit that there is incredibly stiff competition for this title but Nova (NOVA) has got to be an incredibly strong contender. And...I put it to you that it is effectively bust. At 0.15p (down 30% today) it is valued at £600,000. that looks about £600,000 too high.

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Comments

bob brush

4 February 2016, 06:33

Well, it isn’t the shittiest investment company on AIM. there was the one you covered a few days ago that never actually made an investment. it just spent most the money on fees for all the directors and support companies to do nothing for howevermany months then just gave up and quit. however bad NOVA is, it did actually make an investment, so at worst, it can only be 2nd worst compared to an investment company that was physically incapable of making any investment at all.

Pls issue and apology to NOVA and a correction immediately. its a matter of principle.
Jeremy

4 February 2016, 07:53

Charles Green of Rangers fame was once Chairman here.
Chris Morgan,(a commended ex Met Police Officer),was also involved in Rangers/Sevco as a representative of a consortium of investors according to Green.
Chris Morgan is a director of Upside Management(UK) which may or may not be the same company as referred to above.
But let’s not add to the complications!
J P Spaghetti

4 February 2016, 09:14

Dunno – check out Draganfly!
nigel somerville

4 February 2016, 12:07

Bob – only one? Presume you refer to CSDP but there is always NWIG of the filthy forty to fall back on (although it still has a bit of cash not yet pussed away on investing in bugger all)