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Simec Atlantis Energy - Who is it trying to kid? A forest of red flags!

By Peter Brailey | Saturday 10 April 2021

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 always read an operational update from an AIM listed company with interest. This week has been busy so it’s only now I have had the time to draft some thoughts on Simec Atlantis Energy (SAE) operational update issued on Wednesday. I always have in mind three reasons for a trading update – “The Good, the Bad and the Ugly”. No prizes guessing my conclusions on this one.

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