UK 15:21 Monday, 26 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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 pumped its shares up to 52.5p last night despite being virtually insolvent, Celadon Pharmaceuticals (CEL) has used broker Global Investment Strategy UK Limited, run by SEC censured John Gunn, to do a placing at just 40p. GIS raised £1.05 million gross for which it will earn fifty grand and 131,250 warrants with a 40p strike. Expect them to be forward sold into any spike. But, and it is a bigger but than that of Carole Vordeman…
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