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 group which described itself as “the global leader in oesophageal doppler monitoring” Deltex Medical (DEMG), in February I wrote convertible loan notes extension, but still cash concerns? – including having already noted a £0.25 million extension to a £0.5 million loan facility from Chairman Nigel Keen, I questioned how’s the overall financial position now? and that I retained cash concern. Now a “Trading update and suspension of trading on AIM” announcement I suggest isn’t going to be good news!…
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