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.
I have long pointed out that with the stench of Stuart Bromley surrounding it, CIC Gold (CICG) is a dog with fleas that no sane investor would wish to own. Its shares have duly tanked. I have flagged up before the interesting business past of COO His Excellency Ulambayar Barsbold which the LSE seems perfectly happy to ignore - clearly this chap is a fit and proper person to run a London listed company. So how does the LSE feel about the bank where His Excellency is CEO, Credit Mongol, see HERE
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
JG
the shares have been suspended for over 5 months….. pending publication of the rto listing document…… but nothing has been published….something is definitely wrong….. as there has been silence on the progress of the listing. i think the UKLA are not allowing the relist until cicg have clarified certain issues…… they cant of course.. hence Cowley’s departure.
Tom…please could you send your research on this so called His Excellency, to the UKLA ?….. im sure theyd be interested……. theyd never allow cicg to relist… and so remain suspended for good and eventually delist.
Stuart Kaplan
I don’t know much of the background here but prima facie it’s Old Mother Worthington all over again.