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Toople – now about that acquisition sloppily and misleadingy announced yesterday: is there really a £900,000 black hole?

By Tom Winnifrith, The Sheriff of AIM | Saturday 1 February 2020


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.


Yesterday I raised a number of concerns relating to the acquisition announced by uber-dog Toople (TOOP).  I fear there are more. We can start with the fact that the RNS needs to be re-issued as it refers to the wrong companies. Then there is a matter of a potential £900,000 black hole which could sink Toople completely…

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