By John Helmer in Moscow Far Eastern Shipping Company (Fesco), the third largest of Russia’s fleet companies and the dry-cargo leader, reveals plummeting profit for last year will be followed by loss-making this year. The bad news has taken some time to be disclosed by the publicly listed shipping company, which operates a fleet of […]
By John Helmer in Moscow Loose Canadian stock listing rules, a compliant exchange regulator, and rubber-stamp directors have made it easy for a Russian raider to attack minority shareholders of High River Gold (HRG:TX), and threaten them with dilution and delisting, unless they give in to a low-ball buyout offer. That is what minority shareholders […]
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