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.
Directa Plus (DCTA) has announced that it “is in advanced discussions with an institutional investor for the provision of an up to £2.5m funding facility to extend the company’s cash runway”. However, its most recent close market cap was below £9 million, so is that why it’s “institutional investor” which dares not speak its name and haven’t I recently already heard something similar from this self-described “leading producer and supplier of graphene nanoplatelets based products for use in consumer and industrial markets”?
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