UK 13:00 Wednesday, 7 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.
I suppose it is better than immediate administration but with the shares suspended and the company still guzzling cash, death is merely postponed. Today there are three bits of news from Harland & Wolff (HARL): CEO John Wood has been formally fired with immediate effect (I bet he gets a payout), the Scilly islands ferry service has been shut down and lender Riverstone has ponied up another $25 million to keep the lights on.
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