Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Sudden CEO departure is a major worry
Thursday 23 Mar 2017 Author: Daniel Coatsworth

Allied Minds (ALM) 372.1p

Gain to date: 13.4% 

Original entry point: Buy at 328p, 8 September 2016

Take profit in Allied Minds (ALM) after the sudden departure of its chief executive and co-founder Chris Silva. The company failed to explain why Silva has gone; merely saying it was by mutual agreement.

ALLIED MINDS - Comparison Line Chart (Rebased to first)

Allied Minds helps people with bright ideas to commercialise technology; we are worried about how Silva’s departure will affect relationships with these important people. Sell at 372.1p. (DC)

‹ Previous2017-03-23Next ›