More than 200,000 people bought Equity for Punks shares in the craft brewer but many now believe they are worthless.

About 220,000 people could be left empty-handed if a deal prioritises the company’s private equity backer

More than 200,000 people bought Equity for Punks shares in the craft brewer but many now believe they are worthless.

Potential sale or break-up of UK’s biggest independent beer company likely to leave many investors out of pocket