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Tern – Can Anyone Explain This To A Cynic (Ref FundamentalVR…..)?

By Nigel Somerville, the Deputy Sheriff of AIM | Thursday 18 August 2022


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 investment company Tern plc (TERN) has issued a clarification with reference to a fundraise at investee FundamentalVR (FVRVS) which was announced on 11 August 2022. Can anyone explain how this can be correct?

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