Keyword results: coffers

Haydale – Welcome Aboard FinnCrap As Nomad/Broker: should We Draw A Conclusion?

AIM-listed Graphene play Haydale (HAYD) has appointed FinnCap as Nomad and Broker. So is it fundraising ahoy?

AAU
AAU
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Ariana – Oh Ye of little faith! Stance Upgraded to BUY.

We were promised news on AIM-listed Turkish Gold-producer Ariana (AAU) and its proposed corporate action involving Proccea and Ozaltin by the end of this month. At 7am there was nothing and the shares started to slide sharply, especially because CEO Kerim Sener has been selling shares. But fear not…..

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Tern – more cash to Wyld as a ramptastic deal is announced: when’s the placing?

AIM-listed monstrously overvalued jam-tomorrow investment company Tern plc (TERN) has announced a deal for its investee Wyld Networks, and the conversion of a cash loan into Convertible Loan Notes. Well, woopiedoo – but I suggest Wyld’s deal looks a bit questionable, and the loan conversion tells us that Tern has handed over another £250,000 from its depleted coffers to its cash-guzzling investee.

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Tern – Doctor, heal thyself!

Shares in AIM-listed jam-tomorrow IoT investment company Tern plc (TERN) have been on the rampage again. Having sunk to sub-4p in the wake of its last placing, which had been intended to raise £3 million but only notched up £0.8 million propped up by management support, the stock closed last week at 11.25p, having peaked at 15.75p on Thursday. What gives?

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Filthy Forty Walcom – still in discussions with CEO over bailout as another rat deserts the sinking ship, but surely suspension is now overdue?

Two days before Christmas AIM-China Filthy  Forty play Walcom (WALG) announced the departure of Yong Tian Chan from the board as of 1 January (ie today). Now the deputy CFO, Jessie Chan, is off, from the end of February. Meanwhile, the company is still teetering on the brink of insolvency as discussions with the CEO regarding another bailout sticking plaster continue.

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