Surely Woodbois management was aware of an impending covenant breach in its banking facilities - the FCA should investigate!
By Gary Newman | Wednesday 19 April 2023
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.
A month or so ago I wrote about all the shenanigans at Woodbois (WBI) surrounding a placing that they didn’t appear to actually need, and the fact it was then deliberately leaked in order to crash the share price.
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