UK 09:45 Monday, 12 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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.
Out of the AIM-China companies we have identified as the ShareProphets Filthy Forty, ten have already left the Casino. The rest are starting to form an orderly queue, with three more exits on the way. Two are the result of Nomad resignations, but Jersey-registered Geong International Limited (GNG) seems to have opted for the derisory take-over offer method. Having listed all the way back in June 2006 at 30p a share, and never having paid a dividend, Geong announced on Monday that it was in talks regarding an all-cash 5p a share offer.
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