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Previously writing on B2B media group Bonhill (BONH), last month with the shares down towards 4p I concluded that the strategic review including formal sale process looks driven by financial weakness. The shares last closed at 3.75p and are currently down to around 3.25p, a circa £4 million market cap, on the back of a “Trading Statement & Update on Formal Sale Process” announcement, so what’s the latest?

NEWSFLOW

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Writing on B2B media group Bonhill (BONH) last month with the shares at 5.25p, I questioned its ‘pleased to announce, robust’ first half argument. The shares last closed at 5.75p...but are currently down towards 4p, so what’s going on?

NEWSFLOW

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Previously writing on B2B media group Bonhill (BONH), in June with the shares at 6p I concluded that it would be interesting to see the full half-year picture with the underlying cash burn. It has now announced results for the first half of 2022...and the shares are at 5.25p.

NEWSFLOW

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B2B media group Bonhill (BONH) has announced a “Business Disposal & Trading Update” including that it is now “pleased with the performance… excited by the opportunities and financial performance that the new streamlined business presents”. So what of the shares at 6p, down from above 10p early this year?...

NEWSFLOW

NEWSFLOW

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Previously writing on B2B media group Bonhill (BONH) I noted that it proposed to raise approximately £1.1 million at 5.5p per share via a placing and open offer it stated “for working capital purposes” but I suggested to avert cash crunch ahoy. Now further fundraising detail along with calendar year 2021 results.