Previously writing on castings and machining company Chamberlin (CMH) early this year I suggested balance sheet strain. At 11:45am today a shares “Suspension” announcement just stating “pending clarification of the company's financial position” before the company only got an update with some detail out at 12:36pm. This included that it “has been issued with a winding up petition by the company's main power supplier and a court hearing was held this morning”. Hmmm, when was this first known about then?!
Having asked for readers tips for 2024 for the prize of 1/4 litre of Tom Winnifrith's Greek Hovel olive oil (2024 harvest) HERE, the following is an early-May bank holiday update (to be eligible needed to have selected, on a once per username basis, one buy & one sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2024).
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