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Tern – Cash Crisis Delivers One Ouzo Already, As Wyld Refinances

By Nigel Somerville, the Deputy Sheriff of AIM | Wednesday 30 August 2023


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.


I noted at the weekend the cash-crisis at AIM-listed Tern plc (TERN) as its portfolio of cash-guzzlers are running out of cash at the same time as Tern is also struggling. Yesterday at 3pm local time the first bomb dropped….
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