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NightCap planned placing at 5p – it is taking the piss as it is going bust

By Tom Winnifrith | Wednesday 22 May 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.

The spoof that Nightcap (NGHT) might bid for Revolution Bars (RBG) is not even mentioned by Dragon’s Den “star” Sarah Willingham in today’s statement. That was just an attempt to big up her failing company ahead of a placing needed to stop it going bust next month as it is unable to meet both payroll and the quarterly rent roll. Natch La Willingham is excited. She always is.
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