By Steve Moore | Thursday 27 February 2025
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 on company describing itself as “the UK's largest online-only retailer of building materials” CMO Group (CMO), earlier this month I wrote ‘more than 46% share price crash… but still no announcement! (natch, on AIM)’ with the shares then down to 5.125p. It was later announced that Canaccord Genuity discretionary clients had reduced shareholdings from above 5% to just above 4.3%, though hopefully my caution was further heeded as, and having most recently closed at 4.15p, today from CMO “Proposed Cancellation of AIM Listing” and the shares currently slumping to below 1p!
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