By Nigel Somerville, the Deputy Sheriff of AIM | Tuesday 28 July 2020
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.
AIM-listed jam-tomorrow investor in cash-guzzling unlisted dogs Tern plc (TERN) raised an impressive £1.5 million recently, and claimed it had £0.8 million of cash on the books as at the end of June. Sounds impressive, but I fear that the cash may not last long…
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