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Provides refreshingly forthright, objective comment on small cap companies. Informed opinion, based on first-hand research, but pulls no punches in exposing management weaknesses.
Aero Inventory: we implore small shareholders to write to the LSE
Posted 18/11/09
Jim Tucker, the KPMG partner and lead administrator said he was in early stage discussions with parties, including both trade and financial buyers, about purchasing all or part of the struggling company. Mr Tucker is apparently of the opinion that it could take between two and three years to stabilise and turn round the business – not terribly encouraging for a buyer and perhaps an indication that ‘the business’ as a going concern is surely just about worthless, with the only value residing in the stock!
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