By Tom Winnifrith | Monday 28 September 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.
Yet again I find myself writing to the FCA following today’s operations update from Supply@ME Capital (SYME), the laughing stock of the Standard List. The trading statement is clearly fiction and any rational soul will see the need to resort to aggressive accounting and making unverifiable claims as a sign of sheer desperation, which is why a sale announced on Friday by Chairman Dominic White of c£1.5 million of shares looks utterly suspicious.
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