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Shares in Worthington have traded for 30 days in 3 years & another odd factoid

By Tom Winnifrith | Sunday 1 January 2017

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.

Convicted criminal, multiple bankrupt and barred company director Aidan Earley claims I brought the firm of Worthington (WRN) - of which he was a shadow director and which is now in liquidation - to its knees. But here is an odd factoid the criminal pea-brained shithead, who is now the pin up boy of Cloudtag morons, ignores.

During the past three years shares in Worthington have been suspended and untradeable for all bar 30 days. You will note that the  most recent "temporary" suspension of the shares started on October 10. The reason was that the FCA was demanding a readmission document. Worthington did say in early 2015 that work on that was well advanced but it never actually delivered it. That is one reason for its demise. 

How exactly am I to blame for the failure of the board of Worthington to complete a document that was "well advanced"? Eagle eyed readers may also have noticed that I did not pen my first article on this company until many months AFTER its shares were "temporarily" suspended. So how am I to blame for that?

Readers may also look at the trading columes on the rare days when Worthington shares did trade and the ramptastic news announcements on those days in the table below. We know that Bulletin Board Morons were the buyers. Who do you think supplied the liquidity? 

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