By Nigel Somerville | Sunday 15 September 2019
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.
The Sunday Times carries a scoop that Neil Woodford's play on revolutionising biotech, BenevolentAI - held in both WPCT and his Equity Income Fund - is being written down because of a fundraise. Of course, ShareProphets worked it out a few days ago when WPCT announced a writedown to an un-named stock but the Sunday Times has it confirmed.