From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Block Energy – Double Portions of Beer and Popcorn Time as Rebels Rock Boat with Second GM Requisition

By Nigel Somerville, the Deputy Sheriff of AIM | Monday 26 July 2021


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.


Last September some rebel shareholders were so concerned as to what was going on at AIM-listed Block Energy (BLOE) that there were rumours of an imminent requisition of a sack-the-board EGM. That time the rebels were placated and by the end of the month all was apparently well. Or was it: for now there is a sack-the-chairman EGM Requisition on the table and this morning a further EGM was requisitioned to commission an independent forensic investigation into the company’s affairs by one of the “big four” accountants. Best order in double portions of beer and popcorn – this could get very entertaining.

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

CTAI

Catenai – monster dilution

Time left: 12:53:42