UK 13:32 Saturday, 24 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.
Iofina (IOF) makes me think of the actor Richard Wilson, aka Victor Meldrew. Firstly it permanently has one foot in the grave. And secondly I just don't believe it! Its RNS statements are the biggest joke on the AIM Cesspit, a point I shall be making to AIM regulation and the FCA again this afternoon. As a reminder
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Comments
Kevin Taylor
A quick search for “Panacea Limited” shows that Paul Chase-Gardener was a director back in 2008:
http://www.investegate.co.uk/iofina-plc—iof-/rns/directorate-change/200809121703533810D/
It now appears to be connected to K3 in some manner, perhaps a sub?
Does that mean that by resigning yesterday he has prevented this deal from being a connected party transaction?
Philip
Do the FCA ever take action!!
I daresay your prediction for IOF will pan out exactly as stated.