MMM……Yet Another Andrew Monk VSA Disaster, This Time On The Sub-Standard List
By Nigel Somerville | Tuesday 30 May 2023
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.
Back in March 2020 the sub-Standard List welcomed another new applicant: Mining, Minerals and Metals plc (MMM). Andrew Monk’s VSA Capital was the Financial Adviser and Broker as the company launched its stock, commencing trading at around 3.5p, valuing the company at a lofty £1.1 million. This morning at 9.30am - intra-day, never a good sign, it announced its full year results to January 31 2023.
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