15-12-2024
Serinus had more than enough cash to invest and grow plus the $2.8m vat refund expected in a couple of months. They could even pay this dividends.
Xtellus bought control in the business with market cap in Poland (listed on the main market) £70m and paid for controllong stake less than £1m on mickey mouse AIM. It is a full hostile takeover orchestrated by Auld.
Xtellus opened new offices in Europe only two weeks back
hxxps://www.linkedin.com/feed/update/activity:7266789334438100992
hxxps://xtelluseurope.com/
And took over evoagro.
hxxps://www.linkedin.com/posts/evoagro_evoagro-announces-acquisiton-by-xts-commodities-ugcPost-7146937180953669633-UC_m
They can now sell fraction of their or newly printed shareholding capital on WSE at around 60 pense per share which they purchased for 2.5 pense on AIM.
Whatever they do it's ridiculous how cheaply crook Auld sold this business