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.
As I suggested in February, the US subsidiary of AIM-listed Haydale Graphene Industries (HAYD) which was placed in Chapter 11 insolvency and put up for auction has resulted in nothing coming back to Haydale. It is being sold to Greenleaf Corporation for just $680,000 and we are told that the board does not anticipate any cash being returned.
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