By Cynical Bear | Wednesday 18 May 2016
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.
Having written a series of pieces earlier in the year on Craven House Capital (CRV) detailing various reasons as to why I perceived to be an almighty spoof (HERE), I am part astounded and part confused by yesterday’s placing announcement at a massive premium to the share price.
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