UK 09:02 Thursday, 24 September 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.
Alecto Minerals (ALO) wins today’s prize for the most misleading announcement with an RNS headlined “”£1 million placing and funding arrangement”. Has Alecto just secured an additional £1 million? Like hell it has. And is it “pleased to announce” this deal. Also like hell it is. It is desperate for cash and this is really last gasp death spiral stuff.
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Comments
mejeff
you nailed it Tom
Tom winnnifrith
yup but wait for the PR fuckwits to give BJs to the 4th estate & wait for this to be presented as a triumph
t