UK 07:04 Wednesday, 7 October 2026
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Shares in the fraud Naibu (NBU) were finally suspended on the AIM casino on 9 January 2015 after the NEDS woke up and requested clarification of the financial position of a company claiming to be cash generative and drowning in cash. How long does it take to check this out? What next?
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Comments
Woody
Perhaps the question should be asked of AIM Regs as to why they allowed ZAI to take on Naibu so quickly? Perhaps AIM Regs waived it through to avoid an automatic suspension?
Also, surely Pinsents would have to wait for instructions from their client to sue? It wouldn’t be Pinsents suing you but their client.