Smarttech 247

70 days ago

Smarttech247- prize shits disgrace the AIM Casino, does nobody care about the rules any more?

Smarttech247 (S247) floated on the AIM Sewer as an “award winning” AI cybersecurity play raising 3.67 million pounds at 29.66p on December 15 2022 c/o Nomad SPARK. Less than three years later it says that it is delisting and its shares are just 2.75p. There is also a year to July 31 2025 trading update. Sales raced ahead but we are warned that margins were softer so, ignoring disposals, underlying EBITDA will be below forecast. Surely it knew this some time ago. What on earth is SPARK doing in not reminding its clients about timely disclosure rules? About AIM Rule 10?

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