UK 15:21 Monday, 26 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.
I had a look at Phorm (PHRM) the other day, a trip down memory lane as I last followed it in 2008 when it rose to and collapsed from £35 a share. This was during a very brief period of fame and notoriety when the company was attempting to persuade UK ISPs, BT being the most prominent, to adopt its controversial and invasive internet advertising technology. No UK ISPs did end up going with Phorm in the end owing to the questionable legality of its practices and the unwelcome publicity that it attracted. Hence the collapse.
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Comments
Hammywheel
“each time it gets more difficult and desperate and dilutive”… err, you’ve missed the fact that the last rights issue got away at 10p yet the one just a few months earlier was at 4.8p ?
So the market clearly thinks this is a good news stock.