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.
I do not follow Leni Gas & Oil (LGO) but I note that it got the Bulletin Boards buzzing last week. It announced a big acquisition and the next day a placing. This outraged some commentators. I think wrongly.
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Comments
Duck and Dive
Tom, you appear to be intentionally missing the point.
The previous day’s acquisition RNS would have had a less favourable impact on the SP if Lenigas had told the truth – ie that he was putting together a dilutive placing to fund it.
David
Just to say what a superb site this is - do not give up on speaking out. To show solidarity after those bogus reviews I went to Real Man Pizza the other day and it looks so smart and the food was amazing. I hope others that support free speech will do the same.