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.
While Nightcap (NGHT) went ever deeper into debt, its senior managers raided the tronc (the funds given to staff often on the minimum wage as tips) to pay for an all expenses luxury ski trip and an Ibiza beach holiday for themselves as I revealed on this website. Eventually the stink was so great that in June 2024 Nightcap delisted from the AIM sewer having failed to complete yet another bailout fund raise. So how is it trading? Boss Sarah Willingham can run, and has run, but, after today, cannot hide.
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