go do your own research..2 questions: since 2009 how much money has RRR raised through dilutive placings? 2. how much money has exited the accounts via "administrative expenses"?
Tesco are unfixable. The big questions are: 1. How long has this been going on? After all a whistleblower brought this to Save Lewis attention and my ear is that someone in the finance team who felt really uneasy about what they were being told took the opportunity to go and talk to Lewis. The thing is, when a management team are struggling they make bad decisions and once you start, you can't stop. So when did this begin and, 2: Who gave the order? Some one could be going to prison. More tellingly there is no end to Tesco's falling market share and for all the markets call them to cut prices, it doesn't matter if they do...Aldi, Lidl and Asda all have deep pockets and will match. Then what? Tesco are screwed. The only hope for a recovery of some shareholder value is a takeover.
Warren Buffett is down $750m..Mike Ashley is small potatoes
One thing I agree on is the markets moves money from the impatient to the patient..and AB has great patience...0.19 coming soon
What admin expenses? These aren't salaries as I believe these are covered in other areas of the balance sheet. So what does a two bit mining company with no sales spend £150k a month on? That's a fortune. Where is the money going? How come every £ raised has gone out again via admin expenses?
Colombia in my view is an obfuscation. Reread the Edison note: production at Colombia has collapsed. For real research go look at the correlation between funds in through dilutionary placings and funds out via "administrative expenses"
Who are NMCL? Can anyone find an address for them? A director's name or email? Perhaps a press release they have ever issued themselves? Are they IPCM reincarnated?
but let's think about..what "administrative expenses" does RRR have to incur?
Howwould anyone know if the original $50k wasn't simply handed back via "administrative expenses"?.....you do all realise that virtually every penny, if not more, that Bell has brought into the company via dilutionary raisings has gone straight out again in "administrative expenses"...it's all in the RNS' and reports..do the maths
No evidence the sale will happen any more than IPCM were/are a real company...