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Tern – non-entity of a statement on Covid-19 analysed by the ShareProphets RNS Translation Service

By Nigel Somerville, the Deputy Sheriff of AIM | Thursday 26 March 2020

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.

AIM-listed jam-tomorrow IoT investment company Tern (TERN) has offered the market a Covid-19 update. Emphasising its recent £0.8 million fundraise several times (but not mentioning it was trying to get £3 million and failed magnificently) Tern wants us to think the portfolio is well prepared…..let’s see what the ShareProphets RNS Translation Service thinks!

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