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Globo – shares tank – it says nothing amiss – Evil Knievil says “add to your short”

Tom Winnifrith
Friday 7 March 2014

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 | Comments
About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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