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BREAKING: Truspine is sitting on a sack the board GM request, recapitalisation plan and the votes are with the rebels

By Tom Winnifrith | Thursday 22 February 2024

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.

When you are Laurence Strauss, the boss of Aquis disaster story Truspine (TSP) you probably think that rules do not apply to you. So what if Larry received a GM requisition yesterday calling for his head and for new directors to be appointed. The requisitioners have the votes and the cash to recapitalise Truspine at a premium to today's share price. Larry and his advisors know that. But it seems that naughty Liam Murray at Cairn, fragrant Lucy Williams at Peterhouse and scallywag PR and penny share ramper Alan Green don’t give a FF about timely disclosure either. Unfortunately, there is Winnileaks and so I publish the damning letter in full below.
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