UK 00:04 Tuesday, 22 September 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.
Oh dear. Those following flip flop pitchfork Ben Turney and the loons on the LSE asylum and filling their boots with New World at up to 0.85p ahead of “The biggest bear squeeze in history” have today done their conkers. The shares have crashed by more than 60% to just 0.16p bid thanks to two announcements. Ouch, how does it feel being skewered on your own pitchfork? Ask Ben.
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Comments
Marvin
Hasn’t the takeover panel just confirmed in writing that there has been a false market and that it’s not a problem ?
DUCK AND DIVE
In the unlikely event that the SP remains above 0.055p for that long then the open offer could be fully subscribed — by PIs looking to pre-flip. But since no-one in their right mind will be buying on the open market, the flippers won’t have much of a window of opportunity.
kingoldby
To be fair, Ben Turney did write that people should not buy NWO shares as the market was so unpredictable and volatile. In fact, absolutely no one at Shareprophets suggested buying the wretched things.
wildrides
Kings
TW note. HSR admits it got lucky with that tip and advised readers to bank a 350% gain after 7 days. Wish they all flew like that!wrong ……………Hotstock Rockets , part of SP , did , but for differing reasons prior to the main debarcle.
BusyB
What an almightly mess!!
Both the situation at NEW re: shares issues and all the Chris Oil, BMD and Ben Turney posts and tweets re Tom and ShareProphets. I am unsure what is right, who is right and who to believe at the moment. Aaargghhh!!!
A shame that the fallout has occured though, as all parties have alot to offer. Lets hope all people do the right thing in their own view and remain transparent all the way