Latest Views & News

After scoop by UK's top financial journalist, Omega Diagnostics and Paul "Queenie" McManus ‘fess to discounted placing but deceive (again) about finances

By Tom Winnifrith, the Sheriff of AIM | Monday 31 January 2022

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.

On Friday I reported that Omega Diagnostics (ODX) was sounding out folks about a deeply discounted bailout placing, at as low as 5p. This was not speculation, this was not guesswork. I had a source. This is what is called good journalism, a scoop, printing something of note that the subject does not want to read. Today Omega ‘fessed up but, natch, it also deceived.

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

Become a member starting at £5.99 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

Tuesday »


Synectics – a recovery Buy?



Malcolm Stacey is Moving House

Monday »


Wood Group - a Buy (again)?



Video: Bubbles always implode