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Supply@ME Capital replaces a death spiral with a death spiral and lies about it

By Tom Winnifrith | Wednesday 29 September 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.


Supply@ME Capital (SYME) flagged up that this would happen a few weeks ago but today it has announced “New £7 million Loan Note Facility completed”.  A loan as in you pay back the cash at the end of the term right? Er.. wrong. It is a death spiral.

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