UK 08:51 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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 London Stock Exchange denies that there is a problem with China AIM frauds. What planet is patrician twit Chris Gibson Smith on? Well it is only dirty little people (aka private investors) who are being cleaned out so who gives a FF anyway, Chris old boy? This brings us to Sorbic (SORB) which today admitted that its CEO has stolen all its money, In fact I reckon it’s worse than that.
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Comments
DUCK AND DIVE
This defies belief. If the LSE aren’t bothered and the Chinese police aren’t bothered, who does that leave? SFO? Interpol?
winsome147
What about Asian Citrus Holdings? They have a supposed mountain of cash but won’t pay a dividend. And it is one excuse after another withe typhoons, soil leaching, diseases, etc which means yields are getting less and less. How do we know this aint complete bullshit.? I had the sense to bail out long ago.
MrMoto
Surely this is a deeper and deeper situation for the LSE. By sticking their heads in the sand for so long. As the RNS’ across these companies get worse and worse, it is going to be too embarrassing for a U turn down the line.
Bit like the QE situation with the entire global economy, so far down the line – no way back.