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Tern: the cash guzzle at Device Authority continues, just not sustainable

Tom Winnifrith
Sunday 19 April 2026

Tern (TERN) shares have performed well in recent months from a low of 0.4 pence to a bid of 0.7 pence on Friday valuing the company at £6 million albeit this remains a well-deserved discount to its last published net asset value of £10.2 million. 

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About Tom Winnifrith
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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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