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Tern AGM, the turkeys just voted for Christmas

By Tom Winnifrith, the Sheriff of AIM | Thursday 27 June 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.


There is no saving some folks. At the Tern (TERN) AGM today shareholders voted 68.5% to 31.5% in favour of special resolution 5. But it needed 75% to pass and the failure to secure that support is a body blow.
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