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Gym Group – how “successful” the placing and likely outlook?

By Steve Moore | Friday 2 July 2021


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.


Gyms operator Gym Group (GYM) has announced “successful completion” of a placing raising a gross £31.2 million. How ‘successful’ is the placing and what’s the outlook from here?…

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