UK 14:28 Wednesday, 7 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.
AIM-listed jam-tomorrow IoT investment company Tern plc (TERN) was my sell tip of the year for 2023. It has had a terrible 2023 so far, but I fear things are set to get worse as the company - and its portfolio of unlisted (apart from Wyld) loss-making cash-guzzlers - struggles with te ongoing cash-crisis. As things stand, I’m pretty sure it is running on fumes and the loan facility allowing it to hawk its shares in Wyld on the joke market in Stockholm seems to have stalled. But there is plenty more to go wrong here…..
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