By Tom Winnifrith, The Sheriff of AIM | Wednesday 30 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.
Telit (TCM) currently has a proven insider dealer as its CEO. Yosi Fait sold ALL his shares two months ago knowing the company had breached a bank covenant and was going to serve up dire H1 numbers. Apparently insider dealing is fine and dandy on AIM. In that vein, pointing out other issues relating to shocking corporate governance may seem irrelevant on the "world's most successful growth market". But if any of Marcus Stuttard or his fucking useless colleagues at AIM Regulation care any more...
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