By Nigel Somerville, the Deputy Sheriff of AIM | Sunday 1 December 2019
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.
The death throes of ShareProphets AIM-China Filthy Forty play Walcom (WALG) seem to be going on even longer than your average opera. Having encountered problems last in getting its largest customer to pay up (still no progress there despite a court win) and hits to its business by disease, Walcom has been teetering on the brink for an age. But with the Christmas and New Year break coming up, I wonder if the company will survive into the new year following Friday's intra-day update.
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