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Told y’all: Vast Resources, the pride of "Fatty", MINUS 99.99999% from peak, yet another share consolidation and yet another cash crisis

By Tom Winnifrith, the Sheriff of AIM | Wednesday 14 February 2024

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 is like groundhog day. The last 100 for 1 share consolidation was just 32 months ago when, laughably, dumb shareholders were told it was needed to allow dividend payments. But, no dividends and numerous placings later, Vast has again run out of cash and again its shares have slumped below the 0.1p par value. Its groundhog day!
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