Vast Resources – less than 2 working days away from suspension or is a deeply discounted placing underway?
By Tom Winnifrith, the Sheriff of AIM | Friday 28 October 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.
Last year Vast Resources (VAST) had to complete an emergency and deeply discounted fund raise in October as without it the auditors argued the company was insolvent and so refused to sign off on the books. Even post placing they flagged up a material uncertainty. So what of 2022?
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