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Alpha FX – following trading warning & placing, “Directorate Change”...

2020-04-20 15:41:34

“Directorate Change” announcement from Alpha FX (AFX) – it following recently both a trading warning and a placing...


Alpha FX – placing… for growth ‘investment’ or to ‘bolster’ cash position?

2020-04-08 09:25:39

Alpha FX (AFX) “is pleased to confirm… the group has raised a total of £20 million… at 680 pence per share” – this after the shares had last closed at 695p and an update last week from the company having included “the group has built a strong cash and liquidity position since inception and had a very healthy cash position going into this crisis, with net assets increasing by 18% to £57.6m in FY2019 and significant excess cash which it was yet to deploy”...


Alpha FX – 2020 “preliminary view… broadly close to FY2019”... so why a further 40%+ share price fall?

2020-03-30 15:09:19

Shares in self-styled “FX risk management and payments specialist servicing corporates and institutions internationally”, Alpha FX Group (AFX) were already down from 1350p reached in January to 940p – and this also following a results statement just the week before last. Now though a “COVID-19 Trading Update” – and the shares currently 560p!...


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