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BREAKING: Tern – In For A Wyld Ride As Annual Report Lands At 8PM Swedish Time on deadline day

By Nigel Somerville | Wednesday 29 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.

Wyld Networks, AIM-listed Tern’s (TERN) investee on the joke Nasdaq-of-the-North exchange in Stockholm, had postponed its annual report to yesterday. It did not appear until 8pm local time (7pm UK) – truly no-one-is-watching o’clock. To makes matters worse, the report only appeared in Swedish (all previous financial reports had been in both Swedish and English). As they say, good news travels fast, bad news is delayed……what was it hiding?
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