---

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.

---

I highlighted the latest in a series of death spirals entered into by AIM-listed Vast Resources (VAST) on 22 December (see HERE). That was after the company had said it wouldn’t do any more, but then announced its issue at no-one-is-watching o’clock on 21 December 2018. The thing is, it told us that tranches of the death spiral loan would not be convertible into shares of the Company (the “Shares”) for the initial 30 days from the date of their respective advance. And so today, 18 January - and thus four weeks and not thirty days later…..

Follow @ShareProphets

---

Filed under:

• 28 days
• aim
• death spiral
• nomad
• roland fatty cornish
• shares
• spotted dick
• thirty days
• vast

---

---

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.

Search ShareProphets |

---

---

---

Stock market news |

• 

  First Derivatives (#FDP) – expects FY in line with expectations, though in terms of adjusted EBITDA (bullshit earnings)

• 

  Yourgene Health (#YGEN) – raises £11.83m at 10.25p, argues “significantly oversubscribed”… so why the price discount?

• 

  Moneysupermarket.com (#MONY) – positive Q1 supported by increased energy switching, though currently its FY outlook remains unchanged

• 

  Funding Circle (#FCH) – “trading in line with the board's expectations for the full year”

• 

  #D4T4 Solutions – FY “slightly ahead of market expectations”, “encouraged by the opportunities and outlook”

• 

  Trifast (#TRI) – FY adj. profit “slightly ahead of management expectations”, remains optimistic despite more challenging macro-economic environment

• 

  #RWS – positive H1, “confident of achieving another record year”

• 

  PZ Cussons (#PZC) – FY expectations remain in line with January-reduced guidance

• 

  Capital Drilling (#CAPD) – Q1 revenue +1.5% yoy, “in line with expectations”

• 

  AVEVA (#AVV) – FY adj. “low double-digit revenue growth”, expects further progress

---

---

Complete Coverage

---

Recent Comments |

---