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Kin Group – from dire to ‘kin worse; administrators to be appointed for principal trading business & proposed CVA

By Steve Moore | Thursday 24 August 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.


Previously updating on Kin Group (KIN) I last month noted the shares suspended following its bailout funder informing it would not proceed with further tranches – this following having previously warned, with at best it looking like further mega dilution ahoy, ‘kin sell / bargepole. Now there’s an “Update re suspension”


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