UK 11:11 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I own shares in one or more of the stocks mentioned. 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.
The AIM-listed disaster in the waiting, Tern plc (TERN), has a few problems. Of course, ShareProphets readers will know all too well from our coverage that the fundamental problem is that it has invested in a bag of nails, unlisted and cash-guzzling, when Tern has no cash. But the AGM on 30th June saw shareholders again reject permission for share issuances with disapplied pre-emption rights, blocking off the only realistic road to raising a large amount of cash.
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