I advised shorting AIM listed financial services group CPP (LSE:CPP) back in the autumn on November 21st at 26.75p on the grounds that the bid talks it claimed to be in were just not going to result in any bid happening. And so it came to pass and the shares duly halved. The problem is that CPP’s business model is not working. But it is now getting much worse. Much, much worse.
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