TomWinnifrith
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ELEG

26 days ago

Another AIM disaster: Electric Guitar, the Fat Lady has now started singing

After yesterday’s suspension announcement today’s RNS from Electric Guitar (ELEG) provided further bad news:

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26 days ago

While my Electric Guitar gently weeps: suspension shocker, Fat Lady on Standby, PKF disgraced!

In my article of 15 October 2024 “While my Electric Guitar Gently weeps, only for utter suckers My Sweet Lord”, I concluded that “Electric (ELEG) is a stock to be avoided like the plague.” I was right in my stance because yesterday at 3.26 PM Electric put out the following announcement:

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37 days ago

Electric Guitar – another bum note

Electric Guitar (ELEG) shares are down 31% today at time of writing valuing the company at £590,000. Back on 3 May 2024 when Electric completed its acquisition of 3radical it was admitted to AIM at 2.1 pence. The shares are now down to a bid price of 0.20 pence a more than 90% drop.
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