UK 16:19 Monday, 26 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.
And so AIM Listed POS stock Phorm (PHRM) has postponed death for a few weeks – announcing last week both its interims and that it has raised £2.4 million at 9p from US fund Bigger Capital. I sense that Bigger will be less big in terms of FUM in a few weeks.
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Comments
Bonanova
I think Bigger’s been B…………..!!! Well you know what I mean.
C H Ingoldby
To be fair, he does write one sentence that makes sense ‘‘If our expectation about its revenues doesn’t (sic) materialize, the stock is going to zero.’‘
BTCustomer
Your figure for Phorm’s H1 2014 cash burn is incorrect. Phorm’s latest FYR on 22/8/14 gave the 2014 H1 monthly cash burn as $3.6m. ($2.6m per month was the 2013 figure.) Perhaps you should correct? It means Phorm need an additional $12m during 2014 just to match their increased cash burn.
Tom Winnifrith
Good spot
Corrected
T