Bad news for AIM - Class Action against Cantor Fitzgerald re African Potash fraud fails to get off the ground
African Potash (AFPO) released 2 RNS statements about claimed deals in Southern Africa,. The shares raced ahead. Nomad Cantor Fitzgerald and its QE Mr Stuart Dick signed off on those RNS statements but cannot have bothered to check the original documentation about those deals. Because I got hold of that documentation & published it and that showed the RNS's were misleading. But they caused a share spike allowing a bailout placing to go ahead.
- By Tom Winnifrith, The Sheriff of AIM
- 2019-01-26 04:11:18