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Mar City plc – another fiasco on the self-styled “most successful growth market in the world”

By Steve Moore | Monday 23 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 what it can only be assumed it was hoping was no-one-watching-o’clock (3:54pm on Friday) AIM-listed housebuilder Mar City plc (MAR) released an “Update on debtor position and trading update”. This ordinary-sounding announcement was though anything but…


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