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Tern – Cryptosoft update: is it placing ahoy?

By Nigel Somerville, the Deputy Sheriff of AIM | Tuesday 9 February 2016


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.


This morning AIM investment company Tern plc (TERN) released a ramptastic RNS regarding a new appointment at its investee company Cryptosoft as well as the release of the latest version of its platform. The upbeat quotes were truly gushing, but with net current assets of just shy of £360,000 reported at calendar year-end 2015 one wonders whether we are about to see Tern passing the hat around again.


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