UK 01:49 Tuesday, 6 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: The author has a short position in one or more of the shares mentioned. 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.
Shares in Avanti (AVN) have managed to head higher in recent months thanks to a rumour that Facebook was about to bid. Now Facebook might just co-operate with Avanti to bring the internet to Bongo Bongo land but that will not earn Avanti a fortune and there is no way that a bid is on the way. So I am very happily short on fundamentals.
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
paul
Surely you can do better in 2015 than make a quote like ‘bongo bongo’ land!
On Avanti, I appreciate your case, as their debt is one huge mountain. However, just the speculation of bids, can make this volitile. If you look at the charts over the past couple of years, the price has jumped around all over the place. I wouldn’t want to buy Avanti, due to its debt issues, I wouldn’t want to short either, should another m&a rumour surface. Might be on the end of a big loss!
Didn’t you recommend this share to be shorted last year? I think this year might be more of the same. There are better shorts out there, such as qpp and ocdo.