UK 12:00 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.
Oh Dear, oh dear, oh dear. Oh dearie me. What a total fiasco AIM-listed Tern plc (TERN) is…..told y’all. Even as recently as five days ago I suggested that Tern was in trouble as the latest attempt to hawk cash would fail. Well, it has: Tern has days to go before it runs out of cash, Bruce Leith (a former director until just over a year ago and still a PMDR) seems to me to have been selling shares unannounced and the auditors, having signed this POS off as a Going Concern only in May…..they should be shot: what happened to professional scepticism; what happened to making sure the numbers (you only had one job…!) added up?
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