UK 08:36 Wednesday, 7 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.
PeerTV (PTV) has lost $32 million since it joined AIM just under 5 years ago. It continues to burn cash and lose money. Its sales are trivial and it is drowning in debt. Its shares therefore have no value at all. Even as a cash shell it would have no value since it has no cash and vast borrowings. It is worthless. Full stop. Yet recent weeks have seen the pumpers in full flow in another sordid and shocking tale from the AIM casino.
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Comments
Craig
Thanks Tom. Pleased you wrote about this one. One of the worst IMO.
Gary Newman
Rather a large amount of SEDA remaining should the BOD wish to drawdown and dilute the hell out of those trying to remove them!
Looks like the lunatics have all moved onto MAC today which is up some silly amount on no news whatsoever!
wildrides
About time …………I wondered how many more days you would ignore the massive rises in PTV share price whilst kicking shite out of LGO just for the vendetta with DL . Your supposed to be the sheriff ……….what happened …….all those hapless punters just got sucked in whilst you sat back and said nowt . Eye off the ball was it ?
Hugs & Kisses
WR
Tom Winnifrith
Wildes
There is just too much naughtiness in Dodgy AIM City for 1 sheriff, cannot keep on top of it all
t
Gary Newman
Wildrides,
Like Tom has said it’s hard work keeping up with all the dodgy ones rising silly amounts – just after i spotted MAC (and commented here) a ‘no reason’ RNS came and that often happens, although sometimes they just ignore it and keep ramping and it carries on going up (Concha a good example). Sometimes by the time you finish writing about why they shouldn’t be rising they’ve already plummeted.
Get the odd one that keeps going like WEB which i covered as a nailed on sell at 2.5p a week or so ago (had been getting pumped for a good few days but had gone silly again) – now 1.1p to sell today.
wildrides
Come off it Gary ……….. nice bit of back covering by the way . Truth is it finished top of the leader board last week and Whinny usually comments in his cast every day on undeserving leaders at the close . Niggle Summerhouse “ the Deputy” missed it as well . The Sheriff was too busy bashing my beloved LGO and got distracted by the vendetta ( assorted accompanying noises such as:- Boo , Hiss , Wail , Pert indignation etc ) ( the last one in the manner of David Walliams saying “but I’m a laydee” )
Gary Newman
Wildrides,
Still think there are so many out there that get silly rises or are trading at crazy values that you’d struggle to cover all of them! And that by the time you published they’d already have dropped back in many cases (MAC today which was about 4p when i commented at 12:59 here and the ‘no reason’ RNS came at 13:11 so would already have dropped back towards sub-2p by the time anything I’d written would have appeared and I’d have had people banging on about hindsight etc!
Must admit i hadn’t really considered writing about this one as viewed it as a bit of a joke anyway given the market cap – had commented on Twitter though a few times as was very popular on there! This time it just seems to have got a bit more of a rise than normal in the whole ‘rise, dilute, consolidate, rise, dilute, consolidate, ad infinitum’ cycle for this company!