TEG Group – shares suspended, another reminder to listen when a company warns
By Steve Moore | Tuesday 28 October 2014
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.
Having warned in September interims that “the group remains at risk unless secure additional finance is achieved”, organic wastes technology group TEG (TEG) has now requested the suspension of trading of its shares “pending clarity on its financial position”.