From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Vast Resources: its classic lie exposed again as it admits to dual financing crises

By Tom Winnifrith, the Sheriff of AIM | Monday 23 September 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.


It was back in the Autumn of 2022 when London’s worst Nomad, Roland “fatty” Cornish waddled back from a fine luncheon centred on seasonal game in a red wine jus and signed off on an RNS from Vast Resources (VAST) stating that, inter alia, it would not have to issue new shares again. Within months it was issuing shares in a deeply discounted placing and it has had to do so again and again and again to keep paying the bills including the fees of Fatty.
Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

PICH

Pitch Pit – this stinks

 

GEX

Georgina Energy: Lyin’ Yet again

Time left: 13:28:53