Telit Communications (TCM) is a case study on why the AIM Casino is such a casino. Not only does it claim to be running at a cash profit while c$20 million of cash disappears in the first half of the year. But rules are broken and the folks meant to stop that, Nomads such as FinnCrap, do nothing to prevent it happening. And the regulators then do nothing about it. So other folks feel free to offend.

I know I look a bit stupid for writing on these pages in early June that you should not have a punt on Acacia Mining (ACA) after its majority owner Barrick Gold (GOLD in the US) made an initial low ball for the rest of the shares. The subsequent 30% share price rise between then and now would have made for a decent contribution to the summer holiday spending fund, even for a relatively modest four figure investment. Acacia announced earlier today that all is sweetness and light with Barrick as the latter bumped up its offer by around 10%, made various special dividend promises regarding some exploration promises and because of the latter's share price rise...the base share-for-share offer was worth more in any case…

It seems the world of mattresses isn’t going to be revolutionised by Woodford Dog Eve Sleep after all. The company issued a trading update yesterday and for all the waffle the cash looks like it is going to run out again. As with Halosource, RM2 and Thin Film, without Neil Woodford to backstop yet another bailout I think we know the pattern. Oh dear….

Like a modern day Cassandra from Greek mythology, who was given the gift of prophecy, but cursed by never being believed, gold analysts and indeed the gold price is itself uttering truths - as indeed are leading economic indicators.

This morning’s news from Morningstar show that Neil Woodford’s Income Focus Fund yesterday saw NAV per unit slip, albeit by the narrow margin of 0.04%. This should have dropped the fund from its previous total of £288.8 million to £288.7 million but redemptions knocked that down to £288.5 million. The trickle continues. Meanwhile yesterday saw Woodford release its monthly update to the end of June…..

Hello Share Twiddlers. Though I’m sometimes rebuked for suggesting it, I feel the weather has a bigger effect on the upward or downward paths of shares than most analysts give credit for. There are some shares which drop away in hot weather. For example, the price of oil is falling a bit...

In today;s podcast I discuss how the Mrs has fallen victim to the fascists of the North Wales Police, Karelian Diamonds (KDR), ASOS (ASC), Eve Sleep (EVE) and Sosandar (SOS).

I have noted on this website several times how Audioboom (BOOM) has real form in giving a misleading indication of its cash  position and cashburn ahead of a bailout placing. I warned you that it was up to its old tricks again in the final months of 2018 and early 2019 ahead of two placings which came along as predicted. Now the scale of that naughtiness is revealed with dismal interims out today. Here is your timeline.

My friend Dominic has a new song out today and it could have been written specifically for deranged Versarien (VRS) owning imbeciles trolling me. It's "keyboard warrior". Enjoy.

Shares in 7digital Group (7DIG) are currently on the rise on the back of a “Management and Board Changes and Cost Savings” announcement, including “we have largely completed the rescue by securing a new, strategic majority investor, which has stated that it is prepared to invest further funds”…

I noted yesterday that AIM-listed Karelian (KDR), of the Conroy stable, had issued £100,000 worth of equity following a subscription. Since then, two directors bought in the market but word has reached Deputy Sheriff Towers of settlement issues. With a sack-the-board EGM coming up next Friday this looks a mess: will the shares have to be suspended?

A “Service agreement from a global technology company” announcement from Big Sofa Technologies (BST)…

Andrew Bailey, the head of the FCA, has complained bitterly that Neil Woodford followed the letter, but not the spirit, of the rules in relation to the unquoted holdings within his Equity Income Fund, according to The Telegraph which was reporting on the FCA’s annual public meeting in London on Wednesday.

A “Shareholder Loan Conversion” announcement has followed results from Ncondezi Energy (NCCL)…

Morningstar has some good news for Neil Woodford’s Income Focus Fund (WIFF) this morning: the units put on 0.56% yesterday (despite its fifth largest holding as at the end of May, Kier Group – KIE - slipping again). That should have moved the total fund size from the previous close at £287.5 million to £289.1 million. That, of course, is before redemptions…..

Dear Share Trenders. We all know that family doctors are under increasing pressure with an ageing population and unhealthy lifestyles, as well as better treatments which are thankfully keeping more folk alive for longer. It follows therefore that a company which helps GPs manage their surgeries and keep their medical records will probably do well...

Shares in Westminster Group (WSG) spiked to around 17p earlier this month and closed at 14p yesterday. Now the “supplier of managed services and technology-based security solutions worldwide, is pleased to provide an update on its operations at the new Tema Container Port, Ghana”…

AIM-listed Turkish gold producer Ariana Resources (AAU) has announced its Q2 production  numbers. Reading head honcho Kerim Sener’s comments it sounds as though the company has had a bit of a torrid time with the weather and a pushback at its pit. Even so, production is above target and the macro picture – ie the gold price – is doing everything right.

Already down from a start of 2019 more than 9p, shares in CyanConnode (CYAN) are currently further lower below 6p despite a trading update seeing Executive Chairman John Cronin commencing “we have made solid progress during H1 2019, securing a number of follow on orders in India and Europe, which is testament to the strength of our Omnimesh technology” and concluding “the growth in India and the demand from the rest of the world gives the board confidence that we will meet full year market expectations. We look forward to reporting on such new orders in H2 2019 and delivering significant revenue growth for FY 2019”. Hmmm…

Having previously banked gains on Union Jack Oil (UJO), we re-recommended at the end of last month at 0.19p to buy noting with the initial West Newton result excitement having calmed down and new funds raised, it looked a good opportunity to get back on-board before the potential excitement in the second half of this year and that the ‘commentators’ who ramped last time in a fairly aggressive way had not gone away & indeed participated in the placing. The shares are now 0.27p to sell on the back of a “Biscathorpe-2 Well Update”…