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.
World Chess (CHSS) listed on the LSE at 6.25p in April 2023. I was a bear from the get go and have flagged up its woes, disclosed and undisclosed, ever since. The company was always drowning in red flags and its valuation insane. At one point the shares were pumped, in July 2024, to 15p. Today they are off by 27% at just 0.225p. But that is still a three million quid market cap. Get your ouzo ready.
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