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Tern – dire Talking Medicines accounts out, a reminder of why Tern’s board should be in jail

Tom Winnifrith
Thursday 25 September 2025
On 15 September 2025 Tern (TERN) announced that it had extended its loan facility had extended its repayment date from 30 September 2025 to 5 March 2026. It stated that “approximately £150,000 remains outstanding under the Loan and this amount plus accrued interest at a rate of 1.00% per calendar month”. An interest rate of 1% per month isn’t exactly cheap and just adds to the drag on Tern’s investment performance.

on Tom Winnifrith, the Sheriff of AIM | Comments

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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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