By Tom Winnifrith | Thursday 13 August 2020
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.
I start with this explanation which relates to events at Eqtec (EQT). By the way is PL really saying that some investors were given information that the market and other participants in the placing did not have ahead of the placing? For that is what he posted on the comments section. Surely that too is a bit naughty? I then move onto Nigel Somerville’s purchase of Golden Prospect Precious Metals (GPM) and discuss that before turning to the shocking behaviour of the CMA with respect to funeral pricing which appears to give providers – including Dignity (DTY) – a license to overcharge going forward. That is dead wrong and a grave error that surely cannot be allowed to continue?
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