From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Results: AGM

Search articles by EPIC code
EPIC AGM
views

“Strategic Review” is the AIM way of saying “we are fucked” – Applied Graphene Materials

On the evening of 7th November I revealed how perma-dog ( with fleas) Applied Graphene Materials (AGM) was trying to raise money at just 2p even though the shares were 12.5p at the close the working day before. The next morning it fessed, citing my article, and admitted that the issue had been pulled and that it only had cash to last until January 31. The late Mama Cass put a date in her diary for a new gig. Today comes the words every investor dreads “strategic review.”

EPIC AGM
views

GOTCHA: Applied Graphene forced to comment on ShareProphets scoop – surely the Fat Lady has a gig coming now

At 9.07 PM last night I revealed here that Applied Graphene Materials (AGM) was working on a placing, trying ( I stress trying) to raise £3 million at just 2p as against a 10p bid price. I flagged my piece up to the PR bunnies at Hudson Sandler and so ensured they all had a late night as today there is a response to comment on “an article published on the ShareProphets website on the evening of 7 November 2022 regarding a possible equity raise.” Timber!

EPIC AGM
views

BREAKING: Applied Graphene working on a placing at an 80% discount to bid price – City source

Such is the terrible track record of Applied Graphene Materials (AGM) - minus 97.8% from peak - and such is the severity of the bear market in small caps that what follows should not be that shocking but it is still shocking. Since last week Applied has been on a dog and pony show with its broker. The aim was to raise £3 million. However, the details are horrific:

EPIC AGM
views

Applied Graphene Materials – argues at AGM “pleased with the progress”, BUT…

With “the number of active engagements increased significantly in the year and currently stands at around 100”, an AGM statement from Applied Graphene Materials (AGM) emphasises “the board remains pleased with the progress that the group is making towards the commercialisation of its products and proprietary technologies… Following on from our initial production orders the business secured additional production orders”. Sounds encouraging…

EPIC AGM
views

Applied Graphene - the proven liars undertake £10 million fund raise at just 36p - bear call at 120p 4 weeks ago vindicated

On September 15 2017 I explained why the folks who run Applied Graphene Materials (AGM) were slam dunk proven liars and predicted a bailout placing. Hey ho. Vindication did not take long. Today we are told that there is a book build on a placing to raise £9 million + at a minimum of just 36p with a £1 million open offer also planned. The shares have crashed by 23p to just 40p bid. Another win for the Sheriff.

Page 1 of 2 (17 articles)
Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Complete Coverage

Recent Comments