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Altona Rare Earths – the share price slide under poltroonish CEO Cedric Simonet continues as new shares admitted

Tom Winnifrith
Monday 1 June 2026

The pompous, intensely unlikeable and stupid frog Cedric Simonet who runs Altona Rare Earths (REE) issued a “knows of no reason for share price decline” RNS on 8 May two days after announcing it had signed up to an ATM death spiral with Zeus. Simonet seriously thought having an ATM death spiral was good for the share price?  Can anyone find a more naïve or stupid London listed CEO?

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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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