Crossword Cybersecurity – after previously stating it was “strengthening its working capital… on the back of a positive H1”, a discounted placing (natch!)
Previously writing on Crossword Cybersecurity (CCS), in July with the shares at 29p I questioned “a positive H1” and stated that I can see why it could be desperate for some more cash. Today it “is pleased to announce that it has completed an oversubscribed fundraising by Hybridan LLP of approximately £3.6 million (gross)”. How pleased should it be though?
- By Steve Moore
- 2022-09-23 13:45:59