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Coral Products – CEO to leave, and further financial desperation?

By Steve Moore | Friday 25 October 2024


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.


Most recently writing on plastic products company Coral Products (CRU), earlier this month with the shares falling below 6p I noted it arguing financial ‘resilience’ but I questioned detail that dare not speak its name. The shares had recovered a bit to most recently close at 6.25p and now a “Directorate Change” announcement.

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