UK 21:49 Friday, 25 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.
Since getting on board the good ship Active Energy (AEG) in 2017, Michael Rowan has raised £31 million. Today there is c£150,000 left in the kitty and one asset which is up for sale but nobody seems to want to buy it, even for a little over a hundred grand. Its shares are suspended as its remaining cash is not enough to pay the audit fee and it is spaffing £30,000 a month. Amazingly, I can reveal, that Rowan has rejected a rescue proposal.
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