UK 21:15 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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.
When was the last time you heard of a broker quitting immediately after a client had announced a planned capital raising? Aren’t all brokers meant to be fee hungry rapacious beasts? Just how foul tasting must the carrion be if even a broker is not prepared to feast on it?!!! Today, these are all questions unfortunate shareholders in Tangiers Petroleum (TPET) will no doubt be asking themselves.
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Comments
Ben Turney
I’m sure Gary will be the first to admit this wasn’t one of his better calls, but in his defense he did say;
“In my view all of this puts the company in a strong position as long as the Jacka takeover goes through, which seems a formality”
I’m not sure anyone anticipated the disaster which has since unfolded with this company, so I think in this instance Gary deserves a pass.
cw
seems a formality? lol you are / were joking. did you even look at the acceptance rate required or do some dd/ask the brokers involved.