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.

Frontier Mining – Now FCA involved too

By Nigel Somerville, The Deputy Sheriff of AIM

20 February 2015 01:47

More:

I have now reported the price action in the shares of AIM Cesspit listed Frontier Mining (FML) to the FCA last Tuesday as well. As referred to HERE there really needs to be an investigation into what went on that day, as the shares crashed 28% during the day, AHEAD of an after-hours RNS that the company planned to delist.

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Comments

David Talbot

20 February 2015, 04:52

Well done, Nigel, in following this up with the FCA.

If this matter is to be investigated properly, then Nigel is going to need support. The usual FCA excuse in not pursuing cases of apparent market abuse is that it was not brought sufficiently to its attention, or that the matter was difficult to investigate. As a result, the FCA has a propensity to do nothing effective. The FCA is going to find it more difficult not to look at this matter is detail, if the matter is brought to its attention more than once. The relevant email address to report suspected market abuse to the FCA is market.abuse@fca.org.uk. If you are concerned about being “ripped off” generally by market abuse, try to find five minutes to support Nigel’s efforts and send a separate e-mail.