Just another reason not to invest in LSE24 Oct 2023 23:46
At the time of its listing, it was valued at £851m.....just a loss of £700 million.
"The rapid decline of CAB Payments is a boost for JPMorgan, which has bet against the company’s share price. The US financial giant took a short position against CAB’s shares last month through its asset management division, despite being one of the bank’s that worked on the initial public offering".
No red flag here then. Nothing to see. All just a lucky fluke. Come and invest in the UK stock market implore the Government. No thanks say the rest of the World.