UK 21:59 Friday, 23 October 2026
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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.
The latest AIM casino debacle to show London’s worst Nomad ZAI Corporate Finance as not fit for purpose concerns casino listed Ukrainian dairy products group Ukrproduct (UKR) and it is a true shocker.
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Comments
drunken sailor
Cantor Fitzgerald have a few questions to answer too. Rather than colluding with them to mislead the market whilst they went and became someone else’s problem, Cantor should have forced a suspension of the shares whilst the financial position was clarified It must have been very obvious from quite a long way out that the payment due last month would not be made.
I would expect that EBRD will give them more time to pay, but it will only be a case of kicking the can down the road. The company clearly has very serious cash flow problems and I doubt the dual listing it now has on the Ukrainian stock exchange is going to help it very much.