The Christmas gift that happens all year round has landed again, another bonkers email from Julie Meyer MBE.  Quoting both the Bible and EM Forster, a woman who is dodging a High Court arrest warrant, is subject to an FCA criminal investigation and pleads poverty to avoid paying tax in multiple jurisdictions while boasting of her life in her million euro luxury Greek villa has a message for you all. The world needs more of Julie. Whatever....

AIM-listed jam-tomorrow Iot Investment company Tern plc (TERN) held its General Meeting yesterday in a second attempt for the board to gain authorisation to roll out the confetti-printing press. It got through this time, and the announcement came at 11.23am yesterday morning.

AIM-listed alternative energy provider Yu Group (YU.) shares have been on a tear ever since it released a trading update on 26^th January this year. The shares moved up from a previous close of 120p to close the day at 195p. Today, last seen, the stock is up to 355p having been as high as 370p but something just does not add up here.

It was announced on Friday afternoon by Schroder UK Public Private Trust (SUPP), the former Neil Woodford Patient Capital Trust (WPCT), that the IPO of Immunocore on Nasdaq had gone ahead. We were offered some tasty numbers, but are they really true?

Welcome once again to the bonkers world of (Sub-) Standard-Listed  Asimilar (ASLR). This morning we learnt that it had exercised its right via its new subsidiary which was surely not only worthless but worth a minus amount at acquisition to pay 10p a share for confetti in fellow Sub-Standard Listed Dev Clever (DEV) when the shares were 8.85p. But it is worse than that….

I will start writing up my Greek diary tomorrow when I feel a bit more rested after the travel. But in this podcast, I give you a taster of a few of my thoughts and of life here in Kambos where I shook a man’s hand for the first time in months yesterday. I also look at the latest Covid madness from bonkers Boris and at BP (BP.) and the question of its dividend. Of course it should be slashed and if it is, I’d expect the shares to bounce.

Having warned the market on Thursday that a placing was on the way at a substantial discount, the placing duly arrived yesterday morning at two minutes to ten – 37.5 million bits of confetti at 2p to raise £703,000 gross and see off £47,000 worth of liabilities. In some ways one has to congratulate the Broker on a job well done, given that the shares closed Thursday night at 2.65p that amounts to a discount of just 24.5% - a big improvement on the last effort at a monster 77% discount. So where does that leave the company?

I start with the arrival of 20 fruit trees at the Welsh Hovel then look at the economic hit of the Government's Coronavirus policy and ask if it was really worth it? Then I do the work on the RNS statements issued by Ascent Resources (AST) and Iconic (ICON) that their advisers should have done but failed to do. Needless to say there are massive questions that need ansewering. Finally a look at the valuation of Novacyt (NCYT). I have seen this sort of thing before and it is bonkers.

As has been pointed out on numerous occasions on the website, AIM-listed Karelian Diamonds has a balance sheet in a complete mess and I reckon it has been techinically insolvent in that it has negative net current assets for an age. Not only that, like Conroy Gold and Natural Resources (CGNR), it is run by the goodly Professor Conroy, has money owed back and forth between the two, used to be part of Conroy anyway, shares its head office, has been under attack from disgruntled shareholders (twice) and has little to show for its existence. So today someone has ponied up £240,000 to keep the lights on. Nothing surprising there – this is AIM, after all – but the price is surely bonkers!

AIQ joined the Standard List in January of last year and spent most of its first four months suspended, has to correct its admission document following revelations on this website and the share price went bonkers – yet it had no business, just cash. This morning it released its interims – is it really worth 28.5p a share?

Standard-listed AIQ, (AIQ) having shaken off my questions, corrected the record over its directors’ other directorships and supposedly dealt with the lack of stock available which sent the shares sky-high when it first listed has finally got its shares unsuspended as of yesterday. But once again the shares are trading at an absurd level for a cash-shell with perhaps, at absolute best, around 10p a share of cash: at time of writing, and no investments, the spread is 100p – 130p!

As you know I spend a few months a year in Greece at a hovel half way up a mountain. I work more efficiently there and it is good for my health. For family reasons I have actually only spent 5 or 6 weeks there this year but will return in December for the olive harvest. Right now I am in Bristol as per normal but bonkers David Lenigas seems to think there is more to it. In – even by his standards – an insane tweet he now offers up