By Nigel Somerville, the Deputy Sheriff of AIM | Tuesday 8 October 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.
On 26 September AIM-listed Vast Resources (VAST) released an update on its Chiadzwa Community Diamond Concession in Zimbabwe. The market reacted very positively, marking the shares up from 0.118p the previous close to end the day at 0.2p and the rise has continued to the current 0.345p. In addition, a subscription at 0.2p was announced alongside news of a finance facility worth $13.5 million which was due to be signed last week….except it hasn’t as yet. Oh dear – on the principle that bad news is always delayed I am a little nervous of the recent share price strength already.
Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.
Filed under:
Tuesday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Time left: 11:51:37