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Volex is avin a bubble with grossly misleading RNS – it’s all about (lack of) cash generation

By Tom Winnifrith, The Sheriff of AIM | Friday 27 March 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.


I have noted before on a number of occasions that Volex is obsessed with spin and share price promotion but that its market cap (£59 million at 65p) is just a total Rum and coke. A grotesquely misleading RNS today only highlights the big problem with this enterprise: (lack of) cash generation.


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