By Steve Moore | Thursday 26 October 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.
I previously wrote on Kin Group (KIN) in August; From dire to ‘kin worse; administrators to be appointed for principal trading business & proposed CVA - including commenting on the company stating “there is no guarantee… will be completed successfully”, with it’s got to be ‘kin joking, right? Is “successfully” what, at best, further mega dilution is? I now note a “Suspension update & proposed share consolidation” announcement…
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