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Aeorema Communications – both Deputy Chairman & CEO ‘step down’ & sell all their shares… but we are told “remain strong supporters”!

By Steve Moore | Wednesday 13 September 2017


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.


Previously writing in May on live events agency Aeorema Communications (AEO) I concluded though the shares had fallen below 25p, with self-admitted “challenging” trading, a dividend policy ‘review’ and still wary of erosion of the balance sheet, I’d currently continue to avoid. The shares are presently down below 24p on the back of a “Trading update, Board changes and proposed placing” announcement…


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