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Haydale – Another Round Of Awful Interims As The Cash Runs Low Yet Again

By Nigel Somerville, the Deputy Sheriff of AIM | Wednesday 1 March 2023


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 Haydale (HAYD) – another graphene outfit on AIM besides the disaster that is Versarien (VRS) – announced interims to December 31 this morning. The company boasted adjusted operating losses of £1.89 million, to which my reaction is one of Warren Buffett: who do they think they are deluding – their investors, or themselves? The market was not fooled, marking the stock down marginally.
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