By Nigel Somerville, The Deputy Sheriff of AIM | Wednesday 18 February 2015
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
At 5.43pm (no-one-is-watching o’clock) AIM Cesspit listed Frontier Mining (FML) issued this RNS proposing the final shafting of its shareholders. Not only will Frontier delist from AIM, but also from the Kazakh Stock Exchange. Anyone unfortunate enough still to hold this turgid stock will be trapped and their investments essentially become worthless. But at least some fortunate City fellows got out in time! Yes, Frontier plummeted 28% during Tuesday’s session, prior to the announcement. Surely it could not be possible that word got out ahead of the RNS, could it….
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