Tern! Another Forrest own goal, you’ve got the power to fold, you’re uninvestable, another Forrest own goal, Tern!

With thanks to Spandau Ballet, I open what I hope will be my final piece on the matter of Angus Forrest, Bruce Leith and Tern (TERN) – at what point do the non-exec and advisors realize that without regime change this company is uninvestable and will thus go bust? For shareholder’s sake one hopes that point is now.

Deputy Sheriff Comrade Nigel Somerville, of the 1^st Oxfordshire Peasants Army laid out the rap sheet against Forrest and Leith in full at the weekend HERE.

Over the past ten days in excruciating detail he and I have shown how at Digital Learning Marketplace (and indeed at Tern) the two men have systematically misled investors with statements that were untrue or by not revealing information germane to the investment case. 

Tern is more or less bust anyway

Read the full article