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Lush sues Silverwood, Andrew Monk insists no impact on VSA which he fesses is losing money

By Tom Winnifrith | Thursday 27 July 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.

Who could have predicted this shitshow? I did but pompous Andrew Monk (Oriel College Oxford, don’t you know) insisted I was talking nonsense. You may well remember that Monkey only managed to record a profit last year by booking a £1 million fee from Aquis lobster pot listed Silverwood (SLWD) for advising it on its purchase of 20% of Lush. The fee was payable in shares which are completely untradeable. Uh oh!
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