UK 04:14 Friday, 9 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 read with utter horror Wednesday’s RNS regarding Mr Austin’s Equities First Holdings LLC (EFH) ‘loan’ deal which, ahem, clarified that the previous clarification that the original RNS was all correct was in fact (cough, splutter) unclear. It was wrong. It was misleading. What a total shambles! How any CEO could survive this - and what follows - is beyond me. Gallows at the ready, then.
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Comments
Martin Ashworth
And lets not forget the famous NOMAD “Mezzanine Lounge” whereby a NOMAD, with a market making arm, takes on an AIM Company,(for a nice set of fees) then shorts all of its issued share capital IMMEDIATELY. It then just sits back and watches the share price collapse and closes out its short (which has no margin call or stop losses, because it is a market maker) as mug punters panic and sell their shares back to the market maker. SImples. But this is not enough. The market makers then open offshore P/A dealing accounts in their own names (which is illegal) and then short the stock for a second time, knowing that ultimately 95% of Cesspit AIM companies will ultimately go bust, or be taken over for no value. Wonderful !
James
I feel sick reading this. What a bunch of crooks. Thanks for the heads up. Sold at a 50% loss but I can only see these shares heading in 1 direction…down