Cloudbuy – kitchen sink RNS. Buy or Bargepole? Part 1, reward for failure
By Nigel Somerville, the Deputy Sheriff of AIM | Saturday 26 March 2016
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.
Thursday afternoon saw a packed RNS released by beleaguered AIM-listed Cloudbuy (CBUY) detailing all manner of news – far too much to cover in one article. I suppose that you can’t quite describe 3.32pm as no-one-is-watching o’clock, although it was less than an hour before the city knocked off for the Easter recess and one might imagine that most were packing their bags by then. Let’s start with the options.