UK 06:08 Wednesday, 11 November 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.
Having commented last week following Ultrasis (ULT) announcing that financing “discussions remain ongoing”, though “there can be absolutely no certainty that an agreement can be reached”, the company has today made an announcement of an “Update on financial position and proposed refinancing of up to £5.05 million”. Is this though all it seems?
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Comments
Ben Parkinson-King
You might be right long term – but AIM is all about short term – and it’s 175% up. I just wish I hadn’t read this article as I might have had a flutter!!
wildrides
BPK yeah ……………. if going in for the very short term, then you have to ignore Tom totally ( especially about tottally ) as he is always talking medium / long in his tips ( unless a Rockets pay wall tip when its 3 months or less ) Day traders need to pay NO attention what so ever ………….. just follow the herd for the day and jump off the wave when it breaks . Long term he is spot on all the time …….. if he says its fundamentally shite then it is . Short term we both know :- where theres muck theres brass , as they say in the wilderness north of Watford ( where its compulsory attire to carry an elephant gun and tiger net )
The site is not aimed at day traders ………. so an unfair crit really ………. Try British Bullshit instead
peppipaolo
In January we will see a trading update / annual accounts.
All contracts are still in place…Nothing has been lost imho.
Why didn’t Bell take it private recently?
Why does he believe it is with investing more of his money?
Why didn’t John Smith walk away like the other directors?
Reason being…..this company will turn to profit this year…maybe by summer latest. Bell couldn’t take company as contracts would have be cancelled…he needed it to carry on trading…otherwise he lost everything.
This play is long term. End game here is he makes offer for remainder of company…wish imho will be where the real money is.
Have a great new year