Small Cap Value Report (Mon 5 November 2018) - Rob Terry, Mello London, AFN, GROW
Good morning!
Rob Terry's Return?
A couple of newspapers have been running stories on Rob Terry (thisismoney, Telegraph) over the weekend, and his plans to create another stock market vehicle.
It doesn't look like a breaking news story to me. The "entrepreneur" has been threatening to launch another stock market vehicle for several years.
He originally planned to launch one called Quob Park Estate:
But plans to launch under that name have come to nothing, and the website has been converted to showcase his vineyard only.
His new venture is typical of the man: a nebulous business plan, grand financial targets and gobbledygook descriptions of what the business actually does.
The sad fact is that he probably will find a few more unsophisticated people to fleece. But hopefully not too many this time, as his modus operandi has been highly publicised.
The disgraceful element of the story is that he is even allowed to try it on again, for the third (or is it the fourth, or fifth?) time.
It was all the way back in March 2015 when Australian law firm Slater amp; Gordon bought the core business of Rob Terry's failing Quindell venture for £637...