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 warned that this IPO on January 31 at 143p was a £125 million disaster in waiting. Advisors First Sentinel would act for Satan’s bastard love child with Julie Meyer and this was drowning in red flags from the getgo as I pointed out HERE. After a £650,000 placing at 17.3p a share yesterday the shares are now just 6p, valuing this crock at £5 million. £120 million nominal value up in smoke in less than four months, well done First Sentinel. You are scumbags.
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