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.
Tom Winnifrith highlighted the other day that he smelt a rat at AIM-listed POS URU Metals (URU) in relation to the issue of 12 million shares to “prominent institutional investor” Axis Capital Markets, noting that no TR1 had followed, despite this representing just over 20% of the equity. He also noted that a quarterly shareholder analysis was due…..and it has now arrived.
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