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.
It won’t make any difference to shareholders on AIM-listed jam-tomorrow Tern plc (TERN) as its original investment is now worth buttons, but last week saw its once much-hyped investee Wyld Networks, on the joke Nasdaq-of-the-North exchange in Stockholm, announce yet another bailout rights offer at just SEK 0.01 per share. To think, this was once worth SEK 11.73 per share, back in 2021 – a stonking 99.9% loss!
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