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More ‘good’ news at AO World: £0 ebitda AND a money raising…

By Chris Bailey of Financial Orbit | Thursday 30 March 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.

In an early 2015 ShareProphets article I observed that AO World (AO.), the self-styled ‘leading European online retailer of electrical products’was an overpriced hope stock. Roll forward, via a series of critical articles on this website from a number of writers, we have a much lower share price.

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