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Haydale – Wheelsure nonsense!

By Nigel Somerville, the Deputy Sheriff of AIM | Friday 14 December 2018


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.


We all know that AIM-listed Haydale needs to raise money, and we have had all forms of pumping to support it in the form of RNS Reaches and paid-for broker notes. Now we see reannounced old news from NEX-listed Wheelsure (WHLP) regarding the joint venture with Haydale and the University of Manchester which Haydale announced on 27 November (and Wheelsure announced on the 26th)! Even Haydale didn’t even bother with an RNS Reach, although an announcement went out via Alliance News: never miss the opportunity to re-inform! But this does beg one or two questions.

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