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 on 7th December enthused about the appointment of Gavin Lyons as Executive Chairman - “his experience of buy and builds and track record of achieving transformational growth will be a powerful asset to the company” - and seen its shares subsequently soar (closing yesterday at 12.5p), announcements from Pinnacle Technology Group (PINN) today include a proposed placing increasing the number of shares by more than 183%… at 4.2p each!?!
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