UK 18:52 Friday, 23 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.
In this podcast I look at the Gate Ventures farce and have some very very serious questions for its low-life Nomad Roland "fatty" Cornish about events last week and his warrant. I look at the fall out from the demise of Hume Capital and the questions that raises and then also talk about my chat with the FCA last week
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Comments
DUCK AND DIVE
Great stuff – and good to hear that the FCA actually exists.
Did you see yesterday that your pal, Fatty, has taken over from the moribund Hume at AIM superstar, MTV?
Hanging is far too good for them
Thank you for this Bearcast. I’m particularly unimpressed with the revelation that an AIM Prospectus is worth somewhat less than the fancy paper it is written on. What is not clear to me is how such matters should be addressed. Is ignoring a provision of a Prospectus illegal? It sure looks like a legal document to me when I read one.
The traders on the GATE LSE message board are happy that they have made a fortune out of the shares by ignoring any fundamentals. Perhaps shares should be suspended after any given rise in the sp (e.g. 10% in a session) and the issuer then has to produce an RNS stating the reason for the rise. This could introduce some of the feeling of fear of being trapped in some overhyped stock which could cool the market.
Bernard O'Sullivan
Zhu is pronounced (roughly ) as “Joo”.