UK 05:02 Monday, 9 November 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
It was back in 2016 that I first flagged up the disgraceful way that Mark Drakeford’s Welsh Government was spunking vast amounts of taxpayers cash in bribing AIM dog Reneuron (RENE) to move its operations from Surrey to the rain sodden post industrial land of sheep molestation.
Yesterday shares in Reneuron (RENE) were suspended pending clarification. We did warn folks but sadly shareholders who ignored us will almost certainly lose everything. But that is their call. The real scandal is that we all, as taxpayers, have taken a £15m hit.
On November 8 Reneuron (RENE) said that it had £5.1 million in the bank as at 30 September, a cash runway until April this year and that ”the outlook for the business remained positive provided it could retain its' highly dedicated team of scientists, further develop and verify the CustomEX™ exosome delivery platform and conclude validating industry partnerships.” Today the shares have been suspended pending clarification.
AIM-listed ReNeuron (RENE) put out its interim results to 30 September yesterday, announcing another loss, this time of £2.8 million to bring accumulated losses to a whopping £155 million for this £3 million capitalised company. Worse still, it is running out of money….again.
AIM-listed Neil Woodford investee Renueron (RENE) posted its interims to the end of September this morning. As with many of Neil Woodford’s investment choices, this is another cash-burning operation but it does have the advantage of some interesting technology. The question, of course, is cash!
AIM listed biotech Reneuron (RENE) has today announced that it has completed the move of all of its operations from Surrey to Pencoed, Bridgend, Wales. Hooray...welcome to the most expensive job creation programme in history paid for with YOUR money.
