UK 22:42 Saturday, 24 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: The author has a short position in one or more of the shares mentioned. 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.
Until about five weeks Fitbug (FITB) was languishing in the depths of AIM. Its shares, priced at less than half a penny, seldom traded and its market cap was well south of £1 million.
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Comments
David Russell
Like I said before I sold to early about 4.75p I wish I sold around the 20p mark it would have turned my small investment into 200k. I had a million shares in this one but you can see it is falling but I do not think it will drop back to below a penny. One of Westside Holdings, Pantheon Leisure, has disposed of 2m shares in Fitbug at 4.4p per share and must not of realised it would go so high but they still hold 4,254,000 representing 2.52% of its issued share capital. Why have they not sold? They must now a fund raising is likely but it could be this bug could bounce..
Sfletcher
Terrible article and motive between every line! For a start FitBug are designing a custom 12 week program app for Samsung users within the Kiqplan range and only this will be free of charge for Samsung users. The upcoming court case has many limbs only one of which is cease and desist, others make clear that compensation is being sought at a level of $10-30m. Details are not sketchy and the court paperwork is in the public domain.
Johnnewman
Second that Fletcher. Right product, right time, right price point. It is not their job to worry about shorters & when they produce the sales figures for christmas we will be laughing.