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Haydale: a total disaster - you were warned many times, and still a sell

By Nigel Somerville, the Deputy Sheriff of AIM | Saturday 10 November 2018

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.

Having warned repeatedly on this website that AIM-listed Haydale (HAYD) was in trouble and that the shares were a sell all the way down from 78p only in June of this year (and steered a wide berth at 120p in October last year), yesterday the shares crashed to just 14p last seen – a fall of 40% on the day. This follows a Financing Update which is a calamity in every way.

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