UK 12:47 Saturday, 24 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.
Iofina (IOF) has today served up a gushing set of results. Everything is up, all looks fabbo, there is no need to raise fresh capital to carry out its “core” business plan, and the directors are confident and say the company is a going concern. What complete and utter bollocks.
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Comments
Kind knievil
Great call Tom, at close of play 43% up! I suppose you can blame the cat, lol!
Tom Winnifrith
Nothing goes up or down in a straight line… now a mere 69% down since I first warned folks to sell.
A cash call looms and this is the pre placing pump. The stock is worthless
T
Philip
Good call Tom. I may look in after the placing and certainly not before. A lot of PIs still adopt the attitude of ‘something used to be at a certain price, hence based on that its now good value’. A dangerous approach to have with stocks and best to assess the actual situation aa it is.