UK 07:56 Wednesday, 7 October 2026
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Disclosure: The author has a short position in one or more of the shares mentioned. 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.
As predicted just days ago, I see that the non-executive directors at the squalid China Fraud Naibu (NBU), “experienced” accountant Giles Elliot and “experienced” lawyer David Thomas have extracted their heads from their arses and had the shares suspended.
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Comments
Michael
The reasons for suspension are speculative at this stage. I guess if the FD wasn’t paid that would make her leave but it could be more to do with the fact a trading update was expected around now and without a FD it hasn’t been produced? So perhaps Elliot did the suspension to strong-arm the company.
Suspensions can last up to 30 days can they not?