UK 09:36 Monday, 21 September 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 light of subsequent events, the suspension of trading on AIM in shares of Teathers Financial (TEA) I am sure that this video of Jason Drummond will be of some interest to many.
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
Simple Moving Avarice
So were they suspended because they obviously are not an investing company? His entire pitch was about their app and it’s clear that this is their true focus.
Drunken Sailor
I have not read their investing policy because I am not interested in investing in shitty little AIM investing companies that need to do better than Warren Buffet just to pay the PLC costs. However what he said was the policy makes clear that by virtue of the app they will be taking part in some of the deals that go on the app – hence Lenigas Cuba. Not a great strategy as the sort of deals that will be done via the app are likely to be the ones they can’t get enough IIs to cough up for and need to use the app to suck in PI mug punters.
I am sure the app works well and it is good that PIs will have the same opportunities to buy shit as IIs, but the revenues are not massive and will not cover the PLC costs and what they lose on buying into shit investments, like Lenigas Cuba.