UK 17:56 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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.
Back in last July I exposed AIM Wannabee Central Copper Resources. The team behind it had listed a company, Cradle Arc, on the AIM sewer in late 2018 which within a year saw its shares suspended pending clarification, engaged in tax evasion, traded while insolvent and deceived investors before going bust. Surely advisers and AIM Regulation would not allow such scallywags a second chance?
On July 22, the company – - where disgraced serial liar and rule breaker John Story is a material pre IPO investor – said it would IPO in “early August”. Then came my expose.
On 10 August a Schedule One RNS announced the IPO would be “late September”
On 30 September a Schedule One RNS announced the IPO would be “late October”
On 29 September a Schedule One RNS announced the IPO would be “mid November”
It is now coming to the very end of Mid November. I would suggest that Monday the 22nd is no longer Mid November. So what is happening? Is it:
1. Nomad Strand Hanson, broker Brandon Hill or the Oxymorons at AIM Regulation have suddenly realised that ethics is not a county next to Suffolk and have told these scallywags to sod off?
2. Institutions tapped up by Brandon Hill have ignored its disgracefully unbalanced research report of fiction on the company and focused on our expose and have been reluctant to stump up for the IPO?
3. Some other reason.
I regard 1 as extremely unlikely given the moral vacuum at the heart of the AIM sewer. My money is on 2.Either way, a statement is needed.
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