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Frontier Mining – delisting vote on the way, but 83% up in a day on no news?

By Nigel Somerville, The Deputy Sheriff of AIM | Saturday 28 February 2015


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.


As discussed HERE  there is already some explaining to do with regard to how shares in Frontier Mining (FML) fell 28% ahead of a delisting RNS back on 17 Feb. The stench of Insider Dealing was hard to avoid and I trust that the authorities will be taking a very close look at that. But yesterday, Fri 27 Feb, Frontier’s shares went on the rampage in the other direction, closing fully 83% UP on the day, on absolutely no news whatsoever. Not even after hours.


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