Results

Paragon Entertainment – “pleased to announce” share subscription… but is it sufficient?

Published 67 days ago

Writing on Paragon Entertainment (PEL) last month I noted it “looking closely at ways of bringing longer term capital into the business” – though concluded at what price?… Now sub 1p, still an avoid / sell. Today a “Subscription” announcement…

Obtala – new funding, pricing not ideal but does look set to unleash further upside potential

Published 73 days ago

Obtala (OBT) “is pleased to announce that it has raised £2 million… by entering into a subscription agreement with existing institutional investor Lombard Odier Asset Management”

CyanConnode – ANOTHER funding!, just how frequently does it require support on ‘journey to commercialisation’?

Published 794 days ago

CyanConnode (CYAN) is “pleased to announce” a successful equity raise of 1,906,912,392 new shares at 0.17p each. Hang on, haven’t I already heard similar since previously reviewing in August?...

Plexus Holdings – new funds to accelerate Russia rollout or keep lights on?

Published 1119 days ago

Plexus Holdings (POS) has announced it is working on a licence agreement to enter the Russian and other CIS states’ surface land and platform production wellhead equipment markets and has raised $5 million of new equity “to support tailored research and product development and the company's sales and marketing efforts in Russia and other territories worldwide as well as for general working capital requirements”. Hmmm…

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