By Nigel Somerville, the Deputy Sheriff of AIM | Wednesday 30 March 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.
The ShareProphets AIM-China Filthy Forty is today officially reduced to just 20 companies remaining listed on the Casino (Auhua, ACE, being the latest dispatch following a Nomad resignation and no replacement being found). But is it a problem specific to the Casino? It seems not, according to an interesting post by Steve Dickinson in China Law Blog (see HERE), but there are some simple tests which can be applied – take note AIM Nomads – which gives a very good indication of whether you are looking at a fraud or not.
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