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Chill Brands – why not post a “no reason for share price move” RNS?

By Tom Winnifrith | Tuesday 2 November 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.

Shares in Chill Brands (CHLL) have fallen by almost 20% since the start of the week and it is not yet Tuesday Lunchtime, unless you are Roland “Fatty Cornish in which case Tuesday lunchtime started just after elevenses. In such a situation many companies would be tempted to issue a “we know of no reason for the share price move” statement. But Chill cannot and it cannot for two reasons.

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