UK 05:10 Sunday, 25 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.
This morning I noted the final notice that Sunkar Resources (SKR) has left AIM. This draws to an end one of the more sorry episodes for this market in recent years, but many questions remain about the state of AIM. How could a company like Sunkar have been allowed to behave as it did for so long, without anyone stepping in? The answer to this is simple.
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Comments
wildrides
What is does demonstrate, in my opinion, is the dangerous habit of routinely averaging down .
I sold out a few months ago at larger real loss ( rather than paper ) than I have had for a few years at circa £2500.
The thing is I averaged down towards the end of last year which was a mistake for the region of the “Stans”. I should have just let it go and my loss would have been in the hundreds . The lesson I ignored was to examine carefully the political geography before averaging down .
To be fair it could have been worse for share holders . they could have got no offer at all and just let it die back to wither on the vine like Hibu ( which was a ftse share incidentally ) where the board turned down good offers a couple of years earlier prior to admin and wipeout.
My thoughts are with anyone not sticking to the 5% rule ( of risk to capital ) in this case .
Any one watching ……..take a lesson and spread your risk . I promise you that when fan and shit finally meet one day when your eye is off the ball you will not see it coming .