UK 08:33 Wednesday, 7 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.
Shares in China fraud Naibu (NBU) bounced to 27p at the tail of the week. That is a dead cat bounce. This is a fraud and the shares are worth 0p. But the episode shows just why regulation on the AIM Casino is such a total joke.
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Comments
Tom Winnifrith
Kulbas
You misunderstand my job. It is not to create volatility. It is not to drive share prices down. It is merely to expose fraud and reveal the truth. That is what excites me about writing & that is what I aim to carry on doing.
I cannot serve up stories just like that. It takes a long while to dig and find such scoops. I might not write on Naibu for months if I have nothing new to add ( I sense that is unlikely).
T
David Russell
I think that you have uncovered something much bigger than a couple of bad companies. Its like something off the James Bond films
I sent an email to the department who should monitor Aim but like so many people they did not reply to my questions about small shareholders being sold shares to line the pockets of people who run these companies. I also asked were we stand if fraud is proved. Can these people be held personally responsible or can they hide behind the companies they run. It makes no sense. A share holder should own part of the company and that gives us rights but I have learned it means nothing and worth less. Small investors are just ATM machines for the people behind these cash cow companies.
wildrides
I dont think there is any such thing as Aim regulation team . In all the years I have traded I have never seen a single published piece of written material from them.
Tom Winnifrith
Kulbas
Yes my views carry weight because I do get it right! So if I have nothing to report I have to say nothing. But fear note plenty of writing ahead this w/e
T