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Drunken Sailor

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Drunken Sailor

Re: pitts77h post# 45

Saturday, 02/14/2015 5:50:30 PM

Saturday, February 14, 2015 5:50:30 PM

Post# of 74
5 trading days left before potential suspension. Bergen have another 115M shares to dump next week. Officially the latest shares are not admitted to trading until Thurs, but Bergen seem to have some forward selling / shorting arrangement in place.

If TXO do manage to avoid suspension at the end of next week it is just a matter of time before something else causes suspension.

The working capital position is dire, the balance sheet will be destroyed by write downs in the audit and Tim's final gravy train is coming off the rails. It is just a question of when not if.
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  • 5Y
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