Rumour Watch: Harry Birch of LNG walks the plank
What are blogs for if not to report on totally unsubstantiated rumours. This one is even less substantiated than most to the extent that I don't believe a word of it but we are merely here to report the word on the street.
That word is that following the recent corporate action and fund raising at Leisure and Gaming (LNG) that Harry Birch has left the company for reasons not made clear. One would have thought if true that this would warrant a RNS to report this news to the City. Time will tell.
The question is who will replace Harry, internal, external and is this action in any way related to the new VCs that have recently ploughed money in.
Watch this space and the ADVFN bulletin boards (thanks for a comment on this blog for the tip). LNGs share price was up slightly today on this non-news.
EDIT: It looks like this rumour was merely a rumour after all with no semblance of truth do it. The ADVFN chatter boards appear to have added 2 + 2 and got 5. Birch can now continue his holiday unhindered by rumours of his departure.
3 comments:
-
Amazing to see everyone on the ADVFN board suddenly turn against Birch. For weeks, the guy called LDMachin was routinely ridiculed & abused for suggesting that Birch was not up to the job; now everyone has jumped on the bandwagon.
C
-
It's funny how this 'untrue rumour' was actually true as confirmed at yesterday's AGM.
-
Never doubt the ADVFN board!! Well, apart from Cliffyburger anyway, who believes whatever he is told by management and who ridiculed the guy who first broke the news about Birch leaving! Talk about egg on face for CB!!!
