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East Imperial – “pleased to announce the appointment of Allenby Capital”. Er, why might that be?…

By Steve Moore | Friday 8 December 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.


Describing itself as a “global purveyor of super-premium beverages”, East Imperial (EISB) has announced an “appointment of Allenby Capital as broker”, stating that “the appointment aligns with the company's strategy of expanding the group's investor base” and that Allenby’s “experience in helping ambitious companies grow will be invaluable to East Imperial as we expand in premium markets worldwide”. Er, a few points on those…
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