UK 04:19 Tuesday, 6 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.
Shares in David Lenigas ramp Pennpetro (PPP) were changing hands at 12.4p on Monday. Even yesterday they were 10.7p in late morning trade before an ominous slide to 9 5.p at the close with some trades going through at as little as 9.3p. Today the shares have been suspended and there is a placing raising a paltry £360,000 at just 6p. Nothing to see here guv, this is the City of London a beacon of transparency and honesty.
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