From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

CAP-XX – “a successful year for the company”… or that more CrAP? (XX)…

By Steve Moore | Friday 8 November 2019


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.


Previously writing on self-styled “world leader in the design and manufacture of supercapacitors and energy management systems” CAP-XX (CPX), in June with the shares at around 4p I noted argues “increasing confidence”, but what about that cash burn?. The shares are currently below 4p today on the back of results for the company’s year ended 30th June 2019 – and despite CEO Anthony Kongats emphasising “it has been a very busy year, and ultimately a successful year for the company”. Hmmm…

You must be a registered member to read this story
ShareProphets is reader-supported journalism

Join us for free and gain access to three articles per month

Or become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

CTAI

Catenai – monster dilution

Time left: 18:20:01