UK 18:52 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Yesterday Flip Flop Ben Turney gave a platform to an AIM CEO who was bleating about how his share price kept tumbling and blamed bashers, insider dealers and more or less everyone. The man is either a big girl’s blouse or a snake.
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Comments
Steve Jones
not often i agree with Tom W but he is bang on the money here. of course there is a bit of insider trading going on but the main reason share prices of these companies get slaughtered at placing time is because they have no prospects, no delivery and poor management. that is the market judgement of these companies and more often than not the market is right.
Woody44
Well said Tom! Big girl’s blouse is about right. One point though: the AIM Rules require disclosure of price sensitive information “without delay” (Rule 11) so the company should indeed disclose price sensitive information to everyone via a RNS, not just those in the City. However, in this case the fundraising itself is the price sensitive information. Should the fact that the company is carrying out a fundraising be disclosed via a RNS? We all know what effect this would have on the price, which then makes the fundraising even more difficult. Perhaps the company should be suspended in this scenario?
To Steve Jones, the main reason these companies’ prices get slaughtered at placing time is usually because of the placing. The existence of the discounted fundraising and investors flipping the shares causes the slaughter. The companies may also have no prospects, no delivery and poor management, which no doubt drives their prices down 90% of the time; however, at placing time, it is usually the placing itself which slaughters the price. There are some ok(ish) companies out there whose price gets hammered simply because they’ve done a discounted placing and the flippers have sold out on the day (or ahead!).