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365 Agile – from ‘excitement’ & ‘confidence’ to proposed cash shell in less than 3 months (& a year from listing)! …

By Steve Moore | Monday 22 August 2016


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.


21 Aug 2015: “365 Agile ((365), formerly known as Iafyds plc) is pleased to announce the commencement of dealings in its ordinary shares… at a price of 75 pence… following the reverse takeover of 365 Agile Limited”06 June 2016: “the board is excited by the multiple prospects afforded by the Internet of Things space”Today: the shares currently more than 20% lower, at 26.5p, with the board having “reassessed its strategy to develop a meaningful business in the Internet of Things space”. Hmmm…


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