UK 17:59 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.
Listed in 2009 by David Lenigas as Lonzim, a company seeking investments principally in Zimbabwe what could possibly have gone wrong at Cambria Africa (CAM)? The great promoter raised £29 million back then at 100p a pop. As at the end of February 2023 retained losses were $73million. The number is almost certainly worse now but we will never know as the company has been unable to publish its FY 2023 accounts or interims for this year so its shares are suspended and it is now planning to leave the AIM sewer altogether. The only silver lining...
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