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Verditek: Oops They did it again! Another pre-placing announced contract up in smoke

By Tom Winnifrith, The Sheriff of AIM | Thursday 17 December 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.


In my detailed coverage of the POS AIM Company Verditek (VDTK) I have shown how in every year since its IPO it has announced contracts, ramped the shares and then having raised funds in a bailout placing or two, the contracts disappear. Sometimes it ‘fesses up, sometimes there is no ‘fess, other times I have to run articles and sheeplishly, Tory Toff Lord Willetts and his chums are forced into an RNS. Well here we go again.

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