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.
Three months ago, on November 13th, Bowleven (BLVN) hit its shareholders with this very damaging placement at 45p. The price of this fundraising was hard enough to stomach, but the real harm to sentiment was caused the day before. If the abrupt and “mysterious” drop in Bowleven’s share price on November 12th isn’t obvious evidence of insider trading then I don’t know what is. So far nothing has been done about this and I believe it is time for AIM Investigations Team and FCA to act.
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Comments
wildrides
well done Ben ……… every little helps against these corrupt activities .
Ps if you think your busy now just wait till they are teenagers …… mine are both at uni now , and I thought it would get easier ….. wrong . The crisis just get further away geographically and harder to solve !
Ben Turney
Thank you wildrides. The more people that contact the FCA and AIM Investigations Team, hopefully the more chance there is something might be done. But I’m not going to hold my breath.
As for out daughter, I have been warned repeatedly the older they get the more expensive they become :-)
J R
Also done as suggested. Anything to make the market fairer is a step in the right direction.