Toxic- ‘Rangers’ shares wiped off largest European platform exchange

Shares in The Rangers International Football Club (Sevco 5088) can no longer be traded through JP Jenkins. 

Last week Stewart Robertson was explaining to Sky Sports how the club would be sustainable this season with no questions asked to challenge that claim or what sustainable looks like. 

With shares in a constant cycle of being diluted there is no real market for anyone to buy and sell shares with JP Jenkins no longer prepared to offer that service to stockbrokers. 

As soon as Dave King took over they were booted off the Alternative Investment Market with no Nominated Adviser wanting to be associated with the South African ‘businessman’ 

Even the Daily Record were forced to admit the gravity of that move, on April 2 Keith Jackson reported: 

RANGERS have been kicked off the stock exchange after failing to secure the services of a new nominated advisor. 

The delisting of the company from the Alternative Investment Market has been formally announced in a statement released to the city this afternoon. 

It comes after talks with a potential new nomad broke down and it’s understood this collapse came after bosses from AIM – having already suspended trading in RIFC shares – made it clear they intended to wash their hands of the club after two years of unrelenting boardroom chaos. 

There is no real trading in shares, with the club constantly providing new shares in return for loans or services anyone wanting to buy shares can simply go and effectively make a direct donation to the club.