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Gattaca – not mentioned with director share sale & then a “Statement re Share Price Movement” 3 weeks ago… but now a profit warning, dividend cut (& CEO resigns)!

By Steve Moore | Thursday 8 February 2018

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.

On 17th January Gattaca (GATC) noted “the recent share price fall” and responded that there would be a “minimal” impact of Carillion's liquidation on its balance sheet and that a “trading update for the six months ended 31st January will be released 8th February 2018”. However, at 2:30pm yesterday there were Trading Update and Directorate Change announcements. Hmmm…

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