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.
AIM casino listed China fraud Camkids (CAMK) has helpfully published an English language transcript of a Q&A from its AGM yesterday. There are moments of sheer comedy but also a killer admission which should tell you this is heading for 0p.
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Comments
Dave Green
I agree with the jist of the article however it contains a significant factual error. £300,000 is 0.75% of £40M. This is a lot more than 0.1% as stated in the article. I don’t know what the rate of interest in a bank account it in China but 0.75% is about what we are getting in the UK currently