By Tom Winnifrith | Monday 10 July 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.
Any company employing disgraced Nilesh Jagathia of Teathers infamy is a good bet either to go tits up or to get into a spot of bother for not filing documents properly at Companies House. And that brings us to Octagonal (OCT) PLC where clueless Nilesh does the books.
Is the First Gazette - a notice of an intent to strike the company off - which you can see below, a sign that Octagonal is going bust or that Nilesh is just incompetent or both? Perhaps an RNS to say what is afoot would not go amiss?
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