Baobab: Two Releases on Tete and the shares slide – So when’s the placing? Sell.

I managed to make even more friends in the Bulletin Board Moron community on 4th February when I explained why anyone with half a brain cell should short Baobab Resources (LSE:BAO) at 35.75p. Since then the company has issued 2 RNS releases about its flagship Tete study blathering on with all the usual guff and telephone numbers. Yet the shares are this morning at 29.125p. Oops looks like I was right and the Bulletin Board Morons wrong. Again. So what’s new pussycat? …. There is a placing on the way….You can smell it.

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