UK 05:44 Wednesday, 21 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.
In late July of this year AIM listed basket case African airline FastJet raised £15.2 muillion at 50p. Wind forward to two days ago and the shares were just 18.5p but then started falling sharply to 16p last night and this morning came the disastrous admission. Naturally there is no insider dealing on the world's most successful growth market. The shares are now 14.5p and will sink lower as it has all gone horribly wrong.
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