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NEW EXPOSE: Tern - Talking Medicines, and talking distributable reserves…..

By Nigel Somerville, the Deputy Sheriff of AIM | Saturday 8 May 2021


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 FY20 Accounts for the latest investee of AIM-listed jam-tomorrow investment company Tern (TERN) were released by Companies House at the end of April: Talking Medicines carried on sending cash to the great central bank in the sky at an alarming rate and retained profits – or, rather, retained losses, ballooned further……which might raise an interesting question with regard to a share buy-back conducted by the company!

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