AIM Cesspit posterboy Globo (GBO) has put out a statement saying that there is no reason for its shares to have tanked. The market is not impressed and the stock now trades at just 48p having lost almost one third of its value in two days. Worse may be to come.
Globo refers worried investors to its upbeat trading statement of 28th January. Yadda, yadda, yadda.
It then clarifies why it has changed auditors for the second time in six months but - as we explained yesterday HERE – questions over the timing of statements remain.
Worse still
on Shareprophets | CommentsFiled under: