From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Gable - Nomad quits as Company says it will delist, remaining NEDs walk as well - £15m Scandal!

By Tom Winnifrith, The Sheriff of AIM | Monday 12 September 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.


I have been warning you that Gable (GAH) was a zero for a good while - indeed my most recent warning came over the weekend as I discussed the resignation of three NEDs within 40 days. Now the Nomad has quit as have the remaining two NEDS and the shares will be suspended ahead of a delisting on 12 October. This is a scandal. Shareholders will almost certainly lose everything but CEO William Dewsall has made £15 million since the IPO and will now plunder whatever is left.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

CTAI

Catenai – monster dilution

Time left: 14:46:39