UK 06:05 Sunday, 25 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.
Rumours have abounded for a while that Kibo Mining (KIBO) has been the target of a coordinated shorting campaign. Although I’ve noticed it has been problematic buying Kibo stock in volume at times, so far I haven’t seen any firm evidence to confirm whether or not there is truth to the whispers. They could just be the sour grapes of investors who put money into a cash hungry business, during the severe sectoral downturn. Long term holders are bound to feel extremely disillusioned with how this company has developed, but after today’s RNS I am going to stick my neck on the line and say the worst could be over.
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