UK 11:25 Tuesday, 6 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
After failing to update yesterday despite having externally-owned and outstanding convertible loan notes with a face value of £2,978,396 which matured at the end of 2015, Motive Television (MTV) has made an announcement today which I consider includes management either fooling themselves or trying to fool the rest of us…
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Comments
Duck and Dive
I thought this was one of Ludicrous Len’s better efforts to persuade the BBMs to buy some moreof his worthless stock so that Bergen could dump some of its debt confetti. But the SP only went blue for about 15 minutes and is currently -14% so Bergen only managed to get rid of about 50m shares. So Len is going to have to think up another hare-brained RNS.
Taken literally, today’s RNS values 5% of MTV at £1.29m which would equate to a MC of over £25m — versus the actual MC of £190k. Gotta love him.