Tern – AGM Result bodes badly, however the board polishes the looming cash crisis turd
By Nigel Somerville, the Deputy Sheriff of AIM | Thursday 6 May 2021
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.
AIM-listed jam-tomorrow IoT investment company Tern plc (TERN) held its AGM yesterday and posted a bullish update – obviously containing no figures - and the BBMs went mad pushing the shares up. But for me the real news was the result of the AGM.
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