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Defenx – after not bothering with audit delay explanation & then the same with proposed AIM cancellation, now…

By Steve Moore | Wednesday 27 November 2019


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.


Previously writing on Defenx (DFX), I noted after the previous not bothering to provide an explanation as to why an audit had not been able to be finalised in six months, now it doesn’t bother, in this latest announcement, to provide even a summary as to why it is to seek AIM cancellation – stating it “intends to publish a circular, during November 2019, detailing the cancellation and convening a general meeting of its shareholders to approve the cancellation to take place in December 2019 / January 2020”. Now an “Update re proposed cancellation”

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