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Earthport – whilst CEO Hank Uberoi ‘truly appreciates’ the support of some shareholders, for private investors it’s significant dilution ahoy

By Steve Moore | Wednesday 4 October 2017


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.


Having missed a target of becoming cash flow positive, though reckoning it was “pleased” with the 30th June year-end cash balance of £11.9 million, payments company Earthport (EPO) is now “pleased to announce”… the result of a placing!...


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