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Trafalgar Property – On Death Row As FTSE Russell Pulls The Plug On Five Companies

By Nigel Somerville | Monday 27 November 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.

AIM-listed (at least for now) Trafalgar Property (TRAF) sits on death row at the moment. Its shares were suspended 2nd October as it couldn’t produce accounts to 31 March 2023, there has been nothing from the company since –and even in the suspension announcement there was no indication of when the (again awful, one presumes) numbers might appear. On Friday, the FTSE Russell indexes announced it was being deleted from the AIM All-Share Index, along with four others.
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