UK 15:43 Monday, 26 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.
Another great day for the world’s most successful fraud market, oops I meant growth market. Over on the AIM Casino the problems mount for Urals Energy (UEN). We had been told that $3 million had been loaned out in an unauthorised manner by its 98.56% owned subsidiary JSC Petrosakh. Think again, it is $5.1 million and it looks as if none of that is coming back so there is a looming $4.5 million cash crunch. Uh Oh! Timber!
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