UK 09:33 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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.
With its shares down 88% from a 12-month high and a month after the departure of its previous chief executive officer Ed Marlow, AIM-quoted African Potash (AFPO) has raised £1.2 million at a discounted 0.3p to redeem convertible securities held by US backer Bergen Global Opportunity Fund of New York and fund work on the ground in West Africa. The company, whose shares have plunged from 4p to 0.47p in less than a year, holds 70% of the Lac Dinga potash project in the Kouilou region of the West African Republic of Congo -- not the strife-torn Democratic Republic of Congo -- and is seeking one or more strategic partners to develop it.
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Comments
wildrides
I am in
doc h
Spoke to the new guy today
Impressed & motivated