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Letter to the FCA regarding Supply@ME Capital and why its shares should stay suspended until it truly 'fesses

By Tom Winnifrith | Friday 29 January 2021

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.

It was a letter from myself, as an honest and upstanding member of the financial community, to the FCA, the regulators of the Standard List, that got shares in con Supply@ME Capital (SYME) suspended. Now technically, having finally published audited numbers for 2019 and unaudited half calendar 2020 numbers, it should have the shares unsuspended. But what has emerged has been so nonsensical, both for 2019 HERE and for 2020 HERE, that I have written to the FCA urging it to maintain the suspension for a while yet.  Now I reckon the floor shitters are so useless at regulating, if not defecating on their own carpets, that they may well unsuspend the stock. But here is why they should not.

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