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Tern: Another Shoe To Drop on the Way To 0p?

By Nigel Somerville | Thursday 19 September 2024


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 Tern plc (TERN) has a General Meeting on Monday with shareholders being asked to approve an Open Offer at 1.25p per share to keep the Company afloat for a few more weeks, its coffers currently as bare as bare can be. But there is a snag…..
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